CUSTOMS AGENTS REJECT PROPOSED FUEL SURCHARGE BY SHIPPING COMPANY

Customs agents have raised concerns over a proposed fuel surcharge by a shipping company, warning that the additional cost could increase the financial burden on importers and worsen challenges within Nigeria’s trade sector.

The agents argued that introducing the surcharge at a time when businesses are already facing rising logistics expenses, foreign exchange pressures, and high operational costs could further increase the cost of importing goods.

They urged the shipping firm to reconsider the move, stressing that any additional charges should be introduced through proper consultation with relevant stakeholders in the maritime industry.

According to industry operators, higher shipping costs could affect cargo clearance processes and eventually lead to increased prices for consumers. They called on regulatory authorities to ensure that charges imposed by shipping companies remain transparent and justifiable.

The customs agents emphasized the need for collaboration among shipping firms, government agencies, and port users to create a more efficient trade environment.

They maintained that reducing unnecessary costs within the supply chain is essential to supporting businesses and improving Nigeria’s maritime sector.