The Federal Government through the Nigerian Shippers Council (NSC), has reduced port terminal charges by 33 per cent. However, the bulk cargo charges was increased by 100 per cent from 125 per cent to 250 per cent.

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The changes were highlights of a meeting between the leadership of the Council, Seaport terminal operators, Shipping companies, freight forwarders and relevant stakeholders held yesterday.

The meeting also increased the number of free days for cargo storage at the terminals to five days from three days with a view to providing more flexibility for shippers and reduce costs.

Confirming the development, the Director, Public Relations Unit of the Nigerian Shippers Council, Rekiya Dhikru-Yagboyaju said that the previously proposed 600 per cent increase in terminal charges has been reduced to 400 per cent adding that the adjustment aims to strike a balance between the needs of the terminal operators and the shippers.

According to Dhikru-Yagboyaju, besides the reduction in terminal charges, an increase of 100 per cent on bulk cargoes was agreed upon by stakeholders that attended the meeting.

A statement of resolutions passed at the meeting said: “Break bulk cargo charges have been increased from 125 per cent to 250 per cent. This adjustment reflects the changing dynamics of the industry and ensures fair compensation for services provided.

“All complaints regarding inefficiencies by the terminal operators will be addressed immediately. This commitment aims to improve overall operations and enhance customer satisfaction.

“The Shippers Council has established a complaints desk at all ports. This dedicated desk will ensure that issues raised by stakeholders are resolved promptly and efficiently.

“Boxes that arrived prior to October 16th will be rated with the old rates. This provision aims to avoid any confusion or discrepancies in billing.

“Further discussions between the terminal operators and the Shippers Council will continue to refine and improve the processes. This ongoing dialogue will ensure that the interests of all parties are considered and addressed.

“By reaching these resolutions, the Nigerian Slippers Council, shipping companies, terminal operators, and relevant associations/stakeholders have demonstrated their commitment to fostering a harmonious working environment and addressing the concerns of the industry.”