Customs confirms plan to auction 7,000 uncleared vehicles in Lagos ports 

The Nigerian Customs Service, (NCS), has said thousands of uncleared imported vehicles in Lagos State may be auctioned if the owners fail to comply with the newly introduced Vehicle Identification Number (VIN) valuation policy. Importers have been shying away from clearing imported vehicles over the new controversial policy that has made clearing vehicles too expensive. The NCS Area Comptroller of Ports Terminal Multiservices Limited (PTML), Festus Oyedele Okun, put the number of the vehicles manufactured before 2013 at 7,000. “We have about 7,000 vehicles at the ports. They are mainly…

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70% of Nigerian ports comatose — Port Consultative Council

The Port Consultative Council of Nigeria, (PCCN), has said that 70 percent of the nation’s seaports are comatose following the lack of competence exhibited by successive governments over time. Speaking during a presentation of books and other academic materials to the management of the University of Lagos, Chairman of the Council, Otunba Kunle Folarin, said that Nigeria has 17 ports but as of today only six of them are functioning. Folarin also said that the inland nature of some of the 11 non-functioning ports also contributed to their demise adding…

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“We warned about Apapa gridlock 18 years ago” – Chairman Ports Council

Chairman of the Port Consultative Council of Nigeria, (PCCN), Otunba Kunle Folarin, has said that the Council warned the Federal Government about the Apapa gridlock more than 18 years ago, but that the government’s refusal to heed the warning resulted in what is currently being experienced. Folarin stated this at the inauguration of the new committees of the Council in Lagos. He noted that during the tenure of Mr. Adeseye Ogunlewe as Minister of Works, both officials of the Ministry and the Council took a walk from Ilasamaja to Tin-Can…

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It costs $4,000 to carry containers in Lagos, same price to ship from China – Report

The heavy, tightened gridlock at the Nigerian ports has become severe to the point that it allegedly costs more than $4,000 to truck a 40-ft container 20 kilometres from the ports to the mainland in recent times. This is according to a news report by the Financial Times, tagged: “Nigeria’s port crisis: the $4,000 charge to carry goods across Lagos”, which revealed that the gridlock at the port terminals has become so devastating to the point that business entities pay more than $4,000 to truck a 40-ft container 20 kilometres…

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