HIGH CHARGES, DELAYS THREATEN NIGERIA’S MARITIME HUB AMBITION

High port charges and operational delays are undermining Nigeria’s ambition to become a leading maritime hub in Africa, according to maritime expert and industry stakeholder, Alabi.

Alabi said the cost of doing business at Nigerian ports remains a major concern for operators, importers and investors, making the country less competitive compared with other ports in the region.

He noted that delays in cargo clearance and other port processes also increase the cost of trade and discourage businesses from using Nigerian ports.

According to him, Nigeria must address inefficiencies within its maritime sector if it hopes to attract more cargo traffic and position itself as a preferred hub for regional trade.

The country’s strategic location and large market provide significant opportunities for the development of its maritime industry, but stakeholders have continued to raise concerns about infrastructure gaps and operational bottlenecks.

Alabi called for policies that would reduce unnecessary charges and improve the speed of cargo processing at ports.

He also stressed the need for stronger collaboration among government agencies and private sector operators to address challenges affecting the industry.

Stakeholders have argued that improving port efficiency could reduce the cost of imports and exports while making Nigerian businesses more competitive.

The call comes as Nigeria seeks to strengthen its position in regional and international trade.

Alabi maintained that addressing high costs and persistent delays would be critical to achieving the country’s ambition of becoming a major maritime hub.

He urged authorities to introduce reforms that would improve efficiency, attract investment and strengthen confidence in Nigeria’s port system.