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Nigeria: Cargo Palletisation to Cost Importers U.S.$60 Million Annually
This Day, 9 February 2018
Maritime sector stakeholders have expressed concerns over the federal government's policy on cargo palletisation, noting that it will cost Nigerian importers about $60million… Read more »
Nigeria Govt Puts Cargo Shipping Policy On Hold
Over U.S.$60 million is what the economy could lose annually if the new palletisation law comes into effect. The palletisation act states that all cargo in containers needs to be placed on pallets during shipping. Its aim is to make manual checking of cargo consignments easier, while authorities await the installation of scanners at seaports and land borders.
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Nigeria: Finance Ministry Bows to Stakeholders' Pressure, Halts Palletisation Policy
Leadership, 26 January 2018
The federal government has bowed to the pressure of shippers who warned of cargo diversion if the cargo palletisation policy is implemented. Read more »
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Nigeria: Sifax Boss Urges Caution On Cargo Palletisation Implementation
This Day, 9 February 2018
General Manager, SIFAX Shipping Company Limited, a subsidiary of SIFAX Group, Henry Ajoh has urged the federal government to reconsider its position on the implementation of the… Read more »
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Nigeria: Govt Exempts 49 Items From New Cargo Policy
Guardian, 7 February 2018
The Federal Government has announced the exemption of about 49 items from its controversial cargo palletisation policy. Read more »
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Nigeria: Nigeria May Lose N500 Billion Yearly to New Cargo Policy
Guardian, 2 February 2018
The Federal Government's new policy on cargo palletisation could rob the economy of over N500 billion yearly and send importers to the ports of neighbouring countries.Palletisation… Read more »
