Shippers’ Council Orders Shipping Coys to Halt Implementation of New Tariffs
Dr. Akutah
The Nigerian Shippers’ Council (NSC) on Friday directed all shipping lines and their respective agencies to immediately suspend the implementation of the recently approved tariffs.
The Council explained that the directive was issued pursuant to ongoing engagements with critical stakeholders and in response to substantive concerns raised regarding the timing, structure, and potential impact of the said tariffs on port users and the wider logistics value chain.
In a statement, the ports economic regulator explained that in order to safeguard fair competition, transparency, and sectoral stability, it has considered it necessary to halt further implementation pending the conclusion of comprehensive consultations and regulatory review.
The statement said, “Accordingly, all affected operators are mandated to revert to, and apply strictly, the tariff regime that was in force immediately prior to the said increase. Any deviation from this directive shall constitute a breach of regulatory compliance and will attract appropriate sanctions in line with extant laws and regulations.
“The Council will, upon conclusion of stakeholder consultations and internal review processes, communicate a definitive position on the matter.
“The NSC remains resolute in its commitment to effective economic regulation, protection of cargo interests, and the promotion of an efficient and equitable maritime transport system.
“All operators are hereby enjoined to ensure strict and immediate compliance”.
The Council explained that the directive was issued pursuant to ongoing engagements with critical stakeholders and in response to substantive concerns raised regarding the timing, structure, and potential impact of the said tariffs on port users and the wider logistics value chain.
In a statement, the ports economic regulator explained that in order to safeguard fair competition, transparency, and sectoral stability, it has considered it necessary to halt further implementation pending the conclusion of comprehensive consultations and regulatory review.
The statement said, “Accordingly, all affected operators are mandated to revert to, and apply strictly, the tariff regime that was in force immediately prior to the said increase. Any deviation from this directive shall constitute a breach of regulatory compliance and will attract appropriate sanctions in line with extant laws and regulations.
“The Council will, upon conclusion of stakeholder consultations and internal review processes, communicate a definitive position on the matter.
“The NSC remains resolute in its commitment to effective economic regulation, protection of cargo interests, and the promotion of an efficient and equitable maritime transport system.
“All operators are hereby enjoined to ensure strict and immediate compliance”.
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