The Nigerian Shippers’ Council (NSC) has directed all shipping lines and their respective agencies to immediately suspend the implementation of recently approved tariffs.
In a statement issued on Friday, the Council said the directive follows ongoing engagements with critical stakeholders and responds to concerns raised over the timing, structure, and potential impact of the tariff adjustments on port users and the broader logistics value chain.
The NSC noted that the decision was necessary to safeguard fair competition, ensure transparency, and maintain stability within the sector.
Part of the statement read:
“In order to safeguard fair competition, transparency, and sectoral stability, the Council considers it necessary to halt further implementation pending the conclusion of comprehensive consultations and regulatory review.”
The Council further instructed all affected operators to revert to the tariff regime that was in place prior to the increase, warning that any violation of the directive would be treated as a breach of regulatory compliance and would attract appropriate sanctions in line with existing laws.
“Accordingly, all affected operators are mandated to revert to, and apply strictly, the tariff regime that was in force immediately prior to the said increase. Any deviation from this directive shall constitute a breach of regulatory compliance and will attract appropriate sanctions,” the statement added.
The NSC assured stakeholders that it would communicate a definitive position after concluding consultations and internal review processes.
Reaffirming its mandate, the Council emphasized its commitment to effective economic regulation, protection of cargo interests, and the promotion of an efficient and equitable maritime transport system, while urging all operators to comply fully and immediately with the directive.
