Business Hilights

Tracking Nigeria's Headline Business News Online

NPA MD Usman
Transport

Relief measures to port users due to outbreak of COVID-19

Chevron
Advertisements
Ad 2
Advertisements
Ad 3
Advertisements

The Nigerian Ports Authority has directed all Terminal operators to extend thesuspension of all applicable terminal storage fees on consignments(demurrage)for another fourteen days effective April 13, 2020. This follows the extension of the Lockdown in response to the COVID-19 outbreak by President Muhammadu Buhari on Sunday, April 12, 2020.

  1. This gesture is in recognition of the pressure that the COVID-19 pandemic imposes on businesses, the responsibility imposed on the Authority to relief this burden on its customers as well as attaining the objective of the Federal Government’s Ease of Doing Business Policy at this trying period.
  2. The Authority states that compensationto terminal operators will be as spelt out in its April 8, 2020 letter to the terminal operators.
  3. The authority will not tolerate any form of non-compliance with directive and not hesitate to apply the appropriate sanctions.
  4. The NPA thanks all stakeholders for their cooperation.

Jatto A Adams

General Manager, Corporateand Strategic Communications

Nigerian Ports Authority

Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a one stop news gateway for governments, foreign and indigenous investors.