Headlines
Importers continue to shun Eastern ports despite incentives by NPA–Koko
Nigerian importers have continued to shun the use of Eastern ports despite the number of incentives that the Nigerian Ports Authority (NPA) had conceded to attract high patronage to these ports.
“For instance, a lot of the cargo coming in, the usage of the cargo is in Lagos, so there must be enough incentives for the importer to take his cargo to Warri and then bring it back to his factory in Lagos.
“Some of the issues revolve around the roads also, one cannot import to Calabar and bringing it back to Lagos becomes difficult. We had to write to the Ministry of Works concerning Ikom bridge to encourage people to use Calabar Port”
“Calabar Port is the nearest to the Northeast of the country. So, if we encourage the use of that port, it means that all imports going to the Northeast pass through Calabar”
“The problem there is that it has the longest channel and passing through the channel is very expensive. We are encouraging the use of those ports and we are giving incentives to the shipping companies to bring in their goods to those ports.”

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Headlines
Tinubu swears in new IGP, Tunde Disu on Wednesday as Police council endorses his appointment
Headlines
Maersk’s suspension of shipping operations through Strait of Hormuz raises anxiety among Nigerian importers
“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.
Headlines
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