Shippers’ Council Port Task Team Recovers $12,350m Vessel Demurrage
NSC CEO
By Our Reporter
The Port Standing Task Team (PSTT) under to supervision of the Nigerian Shippers Council (NSC) has made an impressive progress as it saved $12,350 million (N5.4 billion) vessel demurrage between 2021 and 2022.
The PSTT Cordinator, Comrade Fadipe, who disclosed this during a meeting of the Presidential Port Standing Task Team in Lagos, added that the amount recovered represents an average of $20,000 per vessel demurrage on daily basis.
Fadipe said that following the intervention of the Team, about 85 percent of the vessels that berthed at the nation’s ports were free of incident in 2021.
He said that the Team has continued to work hard to ensure that order was restored in port corridors and logistics areas.
He also disclosed that following this, issues of extortion involving state and non-state actors have reduced, adding that there has been freer movement of vehicles and persons involved in ports logistics.
According to him, “Some others are drastic reduction in incidences of extortions by both state and non-state actors, and freer movement of vehicles and persons along the ports’ logistics ring.
“Even though revenue generation is not the primary concern of the task team, deterrence through fine is one of the tools through which we are able to record our successes of Operation Free the Port Corridors.
“In the process, revenues to the tone of N1,023,000 have accrued to the Federal Government Treasury Single Account through fines.”
He assured that the Team will continue to sustain its efforts in order to ensure that the federal government policy on ease of doing business which formed the basis for the Nigerian Port Process Manual (NPPM) is achieved.
He stated that though there have been challenges, the Team would continue to forge ahead more determined than ever in addressing issues in the ports system.
He disclosed that the idea of the meeting was to review the activities of the Team in the past two years and restrategise for this year.
The Port Standing Task Team (PSTT) under to supervision of the Nigerian Shippers Council (NSC) has made an impressive progress as it saved $12,350 million (N5.4 billion) vessel demurrage between 2021 and 2022.
The PSTT Cordinator, Comrade Fadipe, who disclosed this during a meeting of the Presidential Port Standing Task Team in Lagos, added that the amount recovered represents an average of $20,000 per vessel demurrage on daily basis.
Fadipe said that following the intervention of the Team, about 85 percent of the vessels that berthed at the nation’s ports were free of incident in 2021.
He said that the Team has continued to work hard to ensure that order was restored in port corridors and logistics areas.
He also disclosed that following this, issues of extortion involving state and non-state actors have reduced, adding that there has been freer movement of vehicles and persons involved in ports logistics.
According to him, “Some others are drastic reduction in incidences of extortions by both state and non-state actors, and freer movement of vehicles and persons along the ports’ logistics ring.
“Even though revenue generation is not the primary concern of the task team, deterrence through fine is one of the tools through which we are able to record our successes of Operation Free the Port Corridors.
“In the process, revenues to the tone of N1,023,000 have accrued to the Federal Government Treasury Single Account through fines.”
He assured that the Team will continue to sustain its efforts in order to ensure that the federal government policy on ease of doing business which formed the basis for the Nigerian Port Process Manual (NPPM) is achieved.
He stated that though there have been challenges, the Team would continue to forge ahead more determined than ever in addressing issues in the ports system.
He disclosed that the idea of the meeting was to review the activities of the Team in the past two years and restrategise for this year.
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