The Nigerian Shippers’ Council has directed shipping lines and their agents to immediately suspend the implementation of newly approved tariffs, citing concerns over their potential impact on the sector.
The directive, issued in a notice to operators and made public in Lagos, follows ongoing consultations with key stakeholders across the maritime and logistics value chain.
According to the council, the decision was taken to allow for a broader review of the charges, amid concerns about their timing, structure, and implications for port users.
“In order to safeguard fair competition, transparency, and sectoral stability, the council considers it necessary to halt further implementation,” the regulator said.
The suspension will remain in place pending the outcome of stakeholder engagements and a comprehensive regulatory review.
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The Nigerian Shippers’ Council instructed all affected operators to revert to the previously existing tariff regime, warning that non-compliance would constitute a breach of regulations and attract sanctions under applicable laws.
“Accordingly, all affected operators are mandated to revert to, and apply strictly, the tariff regime previously in force,” the statement added.
The move comes at a time when Nigeria’s maritime sector is under pressure to improve efficiency and reduce the cost of doing business at its ports, which are often cited as among the most expensive in West Africa.
Industry stakeholders have raised concerns that abrupt tariff increases could further strain importers, exporters, and logistics operators already grappling with high operating costs and currency volatility.
The council reiterated its commitment to protecting cargo interests and ensuring a fair and efficient maritime transport system, while also promoting transparency in pricing across the sector.
Analysts say the suspension signals a cautious regulatory approach, as authorities seek to balance revenue considerations with the need to maintain competitiveness in regional trade.
The Nigeria relies heavily on its ports for trade, making tariff policies a critical factor in the broader economic environment.
The council said it would communicate a final decision once consultations and internal reviews are completed.
