FG Gains N3.9trn from Port Concession The Federal Government has saved about US$8.5 billion (N3.91 trillion) in its port concession programme which was previously paid to foreign shipping lines as congestion surcharge. The Chairman, Seaports Terminal Operators Association of Nigeria (STOAN), Princess Vicky Haastrup, disclosed this while...

The Federal Government has been called upon to review the ban on the 41 items excluded from the import list, “as the policy has negative implications for commercial activities at the nation’s ports.” The spokesman, Seaport Terminal Operators Association of Nigeria (STOAN), Mr. Bolaji Akinola,...