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Shippers’ Council chastises MSC over implementation of tariff adjustment without stakeholders’ engagement

– orders immediate suspension of all price reviews
Funso OLOJO
The Nigerian Shippers’ council(NSC) has directed immediate suspension of all charges reviews being contemplated or implemented by shipping companies and terminal operators in the country until they actively engage relevant stakeholders.
The directive was issued against the backdrop of the upward review of the shipping charges by the Mediterranean Shipping Company(MSC) which sparked uproar among irate freight forwarders.
In a statement by the Port Economic Regulator and signed by its Head of the  Public Relations, Rebecca Adamu, the Council, though acknowledged engaging with the MSC and granted approval for the adjustment in tariffs, but said such review cannot be implemented without active engagement with the relevant stakeholders.
The council therefore threatened to weild the big stick against any service provider who observes the directive in the breach.
The shippers’ Council however chastised the MSC, noting that its engagement with the shipping company does not necessarily translate to implementation of the approval of its request until it must have engaged with its customers.
“The Council wishes to clarify that the recent adjustment was approved strictly in accordance with its statutory mandate as the Port Economic Regulator.
“The Council affirms that all tariff reviews were conducted in a transparent, structured, and well-defined regulatory process.
“These processes included detailed technical and consultative engagement with affected service providers, aimed at examining the cost drivers, operational realities, investment obligations, and regulatory compliance.
“The engagements did not constitute automatic approvals; rather, they informed a broader evaluative process.
“Final determinations were reached only after rigorous internal, technical, and financial assessments guided by empirical evidence, regulatory benchmarks, and prevailing economic conditions.
“Notwithstanding, Shipping companies, agents, and terminal operators are hereby directed to suspend any intended review of charges until they have duly consulted and engaged their stakeholders.
“As the Port Economic Regulator, the Nigerian Shippers’ Council will wield the big stick against any port service providers disrupting port operations.
“The Council emphasised that transparency, fairness, and stakeholder participation are fundamental principles underpinning port economic regulation in Nigeria.
“The Executive Secretary/Chief Executive Officer of the Council, Dr. Pius Akutah , further warned that the Council is empowered under its regulatory mandate to apply appropriate sanctions against defaulting operators, including enforcement measures provided for under relevant regulatory frameworks.
“He encourages constructive engagement, dialogue, and compliance.
“However, any service provider that proceeds with charge reviews without stakeholders’ engagement should be prepared to face decisive regulatory action.
“He assured that the Nigerian Shippers’ Council remains committed to protecting the interests of port users, promoting fair competition, and ensuring a balanced and predictable business environment within the Nigerian maritime industry” the statement concluded.
It could be recalled that the MSC adjusted its charges upwards in January, 2026, a development which sparked protest from the customs brokers who went to picket the shipping company on Monday, January 12th, 2026.
The MSC revised charges include: Import Documentation Fee: 20ft containers from N45,000 to N58,500; 40ft from N72,000 to N93,600. Port Additional Charges for 20ft hiked from N50,000 to N80,000; 40ft from N100,000 to N160,000.
This has made the freight forwarders to vow to disrupt the operations of the shipping company until the status quo is maintained.
 
Observers however believed that the tension generated by the hike in shipping charges would be neutralized with the timely intervention of the Shippers’ Council.
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Tinubu swears in new IGP, Tunde Disu on Wednesday as Police council endorses his appointment

Funso OLOJO,  Editor
President Bola Ahmed Tinubu will on Wednesday, March 4th, 2026 swear- in the new Inspector – General of Police (IGP), Olatunji Rilwan Disu following the endorsement of his appointment by the Nigeria Police Council.
According to the Presidential spokesman, Bayo Onanuga, the  ceremony will take place during the Federal Executive Council meeting, scheduled for the same day.
The Council’s meeting, which took place at the State House, was presided over by President Bola Ahmed Tinubu and had in attendance Vice President Kashim Shettima, state governors and the Chairman of the Police Service Commission, retired DIG Hashimu Argungu, in accordance with the constitution.
Others in attendance were the Secretary to the Government of the Federation, Senator George Akume; the National Security Adviser, Nuhu Ribadu; the Chief of Staff, Femi Gbajabiamila; the Minister of Police Affairs, Senator Ibrahim Gaidam; the FCT Minister, Nyesom Wike; and the head of service, Mrs Esther Didi Walson-Jack.
The President appointed Disu as the new police chief, following the resignation of the former Inspector-General of Police, Kayode Egbetokun.
Governor of Lagos State, Babajide Sanwo-Olu, who spoke glowingly about the Acting Inspector-General of Police, commended Disu for his exemplary services as a policeman, especially when he served as the Commander of the Rapid Response Squad in Lagos State between 2015 and 2021, where his tenure earned him and the RRS recognition for excellence in crime control.
Governor of Nasarawa State, Abdullahi Sule, commended the President’s appointment of Disu, noting that it was based on his excellent career record.
Minister of the Federal Capital Territory and former Governor of Rivers State, Nyesom Wike, also lauded Disu for his professionalism.
Disu served in Wike’s home state of Rivers as Assistant Commissioner, Criminal Investigation Department, and Officer-in-charge, anti-kidnapping unit, between 2014 and 2015.
He later served as Commissioner of Police in the FCT Command when Wike became the minister.
Wike commended him for his efficiency as a crime fighter and for ensuring the command’s strategic impact in addressing security concerns within the territory.
Governor Peter Mbah of Enugu State seconded the motion endorsing Disu’s appointment.
Disu was born on April 13, 1966, in Lagos State and joined the Nigeria Police Force on May 18, 1992, as a Cadet Assistant Superintendent.
He rose through the ranks with multiple qualifications in public administration, forensic investigation, criminology, security, legal psychology, and entrepreneurship-credentials that reflect his commitment to knowledge-driven, modern policing.
The Acting Inspector-General has held critical operational, investigative, and strategic command positions nationwide.
His last position was as Assistant Inspector-General of Police in charge of the Special Protection Unit and the Force CID Annex, Lagos.
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Maersk’s suspension of shipping operations through Strait of Hormuz raises anxiety among Nigerian importers 

Attack on vessel in the Strait of Hormuz
Funso OLOJO, with agency report
The on- going hostilies in the Middle East have continued to stifle international trade as most of the shipping companies have suspended voyage through the troubled Strait of Hormuz.
The joint attacks by the military forces of the United States of America (USA) and Israel on the Islamic Republic of Iran, which resulted in the assassination of its Supreme leader, Ayatollah Ali Khomenei and over 40 top military officers of the Islamic country,have put a strain on shipping operations along the busy vessel route of Strait of Hormuz as the Houthis militias, who are sympathetic to Iran, have threatened to attack vessels on the route.
Strait of Hormuz accounts for one third of the world shipping passage while the route accommodates the world largest crude tankers , despite its narrow width.
As a result of the threats, which have raised safety concerns on the vessels, cargos and crews, major shipping lines have halted their operations along the route.
Maersk, the world’s largest container shipping company, has halted passage of cargo vessels through the Strait of Hormuz for “safety” reasons.

“We are suspending all vessel crossings in the Strait of Hormuz until further notice,” the Danish group said in an online advisory.“The safety of our crews, vessels and customers’ cargo remains our key priority,” it said.

Iran’s Revolutionary Guard had earlier announced the Strait’s closure.

Major Middle Eastern oil and gas exporters rely on it to move supplies to international markets while importing nations depend on its uninterrupted operation.
China, one of the biggest destinations of Nigerian importers, make use of the route for import of the crude oil from the Middle East, especially Iran and export of its manufactured goods to the developing countries, especially Nigeria.
This development has raised anxiety among Nigerian importers who expressed concerns over the implications of the disruption on the route one the cost of imports, especially from China.
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NRC hosts Rotary Club on mobile train

Gloria Odion, Reporter 
The Nigerian Railway Corporation (NRC) has played host to the Rotary Club of Ota by hosting Nigeria’s first-ever Rotary fellowship on a moving train, setting a remarkable benchmark for innovation in civic and humanitarian engagement.
The groundbreaking event brought together members of the club aboard a moving train for fellowship, leadership interaction, and strategic discussion centered on service to humanity, climate action, and sustainable community development.
The fellowship was led by the President of the Rotary Club of Ota, Mr. Charles Umukoro, alongside members of the club’s executive and general membership.
A major highlight of the occasion was the visit of the Railway District Manager, Engr. Rasheed Adedeji, who warmly welcomed the Rotarians on board.
His presence underscored the significance of the event and further strengthened the cordial relationship between the railway management and the Rotary Club.
In a symbolic moment reflecting shared values of service and partnership, Engr. Rasheed Adedeji was formally inducted as a member of the Rotary Club of Ota following his welcome address, adding prestige and deeper institutional collaboration to the landmark fellowship.
The moving-train fellowship was widely described as symbolic of progress, innovation, and forward movement—values that align closely with the transformation agenda of the Nigerian Railway Corporation.
The Nigerian Railway Corporation said it was committed to supporting initiatives that promote national development, environmental sustainability, and community advancement, while showcasing the railway as a safe, modern, and strategic platform for engagement.
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