21-day storage fees waiver: NPA reveals compensation plan for port operators
Samson Echenim is business a.m. correspondent providing coverage for maritime, aviation, travels and hospitality. A former business correspondent at the Punch and Leadership newspapers, he has a vast experience in business reporting. Samson can be reached on samhapp2000@yahoo.com and +2348037363024
April 9, 2020789 views0 comments
The Nigerian Ports Authority (NPA) has revealed how it intends to pay back port operators after the later must have granted 21 days waiver of storage charges to importers.
In a letter dated April 8, 2020, titled; “Re: Relief Measures To Port Users Due To Outbreak of Covid-19” NPA said it would grant credit notes commensurate to the rental reliefs granted by the terminal operators to importers within the 21-day free storage period.
NPA had on March 23, 2020, issued a directive to terminal operators to waive storage fees for an initial period of 21 days, after which the waiver period may be reviewed.
However, it was gathered that the terminal operators did not heed the NPA directive but continued to charge storage fees, saying that said the NPA needed to define its directive in proper perspective.
Following the refusal of the port concesionaires to waive storage fees, the Association Nigerian Licensed Customs Agents (ANLCA), the country’s largest association of customs brokers had on Wednesday said it would take a legal action aginst the port operators for failing to implement the NPA directive on storage charges.