To douse tension amid escalating economic challenges in the country, the Nigeria Shippers Council suspends what stakeholders described as controversial increase in shipping charges
By Edu Abade
Nigeria’s port and maritime economic regulator, the Nigerian Shippers’ Council (NSC), has directed shipping companies and shipping agents operating in the country to suspend and refrain from implementing any review or upward adjustment of their charges until they have fully engaged and carried along their relevant stakeholders.
A senior official of the council, who spoke with journalists on condition of anonymity on Tuesday, January 13, 2026, said the Executive Secretary and Chief Executive Officer of the Council, Dr. Pius Akutah (MON), stated that the Council would not tolerate arbitrary or unilateral review of tariffs by shipping service providers.
The Executive Secretary and CEO further warned that the Council was empowered under its regulatory mandate to apply appropriate sanctions against defaulting operators, including enforcement measures provided for under relevant regulatory frameworks.
He further assured that the Nigerian Shippers’ Council remained committed to protecting the interests of port users, promoting fair competition, and ensuring a balanced and predictable business environment within the Nigerian maritime industry.
