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NIGERIA's shipping industry faces a US$6 billion annual loss due to problems in packaging and delivery practices, says maritime lawyer Hassan Bello, reports Lagos's Business Insider Africa.
Speaking to Association of Nigerian Licensed Customs Agents (ANLCA) in Ajuba, Mr Bello urged seaport clearance agents to unite and address the challenges plaguing marine operations.
The ANLCA peace accord conference brings an end to a four-year internal squabble, fostering hope for a more professional and efficient shipping industry, he said.
Aside from other intrinsic costs, stakeholders in Nigeria's shipping business lose around $6 billion each year owing to inadequate packaging and delivery of products.
Mr Bello highlighted that losses in the shipping business are substantial owing to a lack of a strong-willed professional administration regulator.
For this reason, he urged clearance agents at seaports to band together in the endeavour to overcome the variety of problems plaguing marine operations.
The accord was achieved following an intervention in Abuja by the Customs Consultative Committee (CCC) led by Aare Hakeem Olanrewaju, bringing to an end a four-year squabble inside the organisation.
https://www.shippingazette.com/menu.asp?encode=eng
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