Nigeria Loses N1trn To Cargo Diversion As Importers Dump Lagos Ports

Nigeria Loses N1trn To Cargo Diversion As Importers Dump Lagos Ports

By YUSUF BABALOLA, Lagos Cargo diversion to seaports of neighbouring countries like Cameroun and Benin Republic has cost Nigeria a whopping N1 trillion annually, LEADERSHIP findings have revealed. The loss is due to bad roads, exorbitant import duties and other excessive fees that are payable in Nigerian ports but not present in seaports of neighbouring […]
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Source: Nigeria Loses N1trn To Cargo Diversion As Importers Dump Lagos Ports


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