Headlines
Eastern shippers, freight forwarders on collision course with Shippers’ Council over increase in haulage rate

” These measures are also expected to help all parties to reach a benchmark that would be in the interest of all stakeholders in the maritime value chain,” Ahuama noted.
“We also urge the NSC to return to the status quo by suspending the implementation of the disputed rate, pending proper renegotiation covering the interest of all stakeholders.
“We are not on a selfish course. Our demands are in the interest of Nigerians because any slight increase in the haulage rate will reflect on the prices of goods in the open market.
However, the group said they might be constrained to take drastic measures, including suspending all declarations of goods and payments of customs duties, which could negatively affect national revenue and economic output.
Some members of the import and export associations present at the meeting included the Nigeria Shippers Association, the Aba International Traders Association, the Ultimate Importers Association, the POP Importers Association, the Nnewi Importers Association, and the Onitsha Importers Association.
Headlines
Comrade Muktar Yakubu pleads for patience over ongoing review of staff salary at Nigerian Shippers’ Council

Analyses
The Anchor of Dependency: Rethinking Nigeria’s Port Financing Strategy

Headlines
NPA: Starving the goose that lays the golden eggs

Tomorrow, on Monday Discourse, Ibrahim Nasiru looks at what he describes as the paradox in the financing system of the Nigerian Ports Authority( NPA).
An agency which lays the golden eggs that feed the nation, yet has to borrow from external creditors to fix its infrastructures.
On Monday Discourse, Nasiru advises government to rethink Nigeria’s Port Financing Strategy
“The NPA is projecting a staggering ₦1.489 trillion in revenue for 2026. Yet, why are we still looking outward to borrow billions of dollars for Port Modernization?
“The truth is, Nigeria’s Ports are trapped in a fiscal paradox.
“We treat the NPA as a cash cow to fund federal deficits, sweeping its massive trillions into the central treasury, while leaving our 100-year-old Ports to starve of the vital liquidity needed for self maintenance.
“Forcing an agency to bleed cash to the treasury while begging foreign creditors for infrastructure loans is an unsustainable contradiction.
“If we are serious about the Blue Economy, it’s time for a legislative rethink that allows internal revenue retention for a dedicated Port Modernization Fund.
Read Nasiru’s analysis on why Nigerian Ports must feed themselves before they can sustainably feed the nation.
Keep a date with Nasiru on Monday Discourse tomorrow ,Monday, June 1st, 2026.
It’s a must read
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