Independent journal on economy and transport policy
01:33 GMT+2
Terminal operators lost N58.9bn in earnings in 10 years - Report
(Vanguard)
August 22, 2016
*Government needs to review 2006 concession agreements
*81.7 % port cost lies in cargo clearance
By Omoh Gabriel & Godwin Oritse
As the nation's economic fortune continues to dwindle, Nigerian ports have recorded drops in the cargo throughput for the first quarter of this year, an indication that less volume of goods was imported into the country within the period. There are also, indications that the second quarter may record further drop in the ports' activities. The drop in gross tonnage was also reflected in the revenue generation drive of the Nigeria Customs Service as the agency also suffered deficit of more than N100 billion for the first half of the year ...... Read more on Vanguard
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher