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Home Maritime

FG Directs Shippers Council to Cut Port Costs

byChidi Okoye
March 5, 2026
in Maritime, Business
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FG Directs Shippers Council to Cut Port Costs
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The Federal Government has officially tasked the Nigerian Shippers Council (NSC) with a comprehensive overhaul of its regulatory operations, specifically targeting port cost monitoring, dispute resolution, and the integration of data analytics for maritime oversight. This directive was delivered on Thursday, March 5, 2026, by Mrs. Fatima Sugra Mahmood, the Permanent Secretary of the Federal Ministry of Marine and Blue Economy, during the NSC’s Strategic Management Retreat in Abeokuta, Ogun State. The mandate serves as a high-level call for the Council to recalibrate its institutional direction to meet the evolving demands of global trade and the “Blue Economy” agenda.

The structural and administrative consequence of this retreat is the announcement of a significant salary and welfare review for the Council’s staff. The Executive Secretary/CEO of the NSC, Dr. Akutah Ukeyima, confirmed that the proposed salary increment has received preliminary approval from both the Ministry and the Office of the Head of the Civil Service of the Federation (OHCSF). The proposal is currently undergoing final vetting by the Budget Office of the Federation and the National Salaries, Incomes and Wages Commission. To further boost morale, the Council has introduced an upward review of children’s education grants, alongside new health, social club, and professional proficiency allowances.

Analytically, the legislative framework for the Council remains in a state of fine-tuning. Dr. Ukeyima revealed that the NSC Bill, which had previously been passed by the National Assembly, was returned by the President for correction. This was due to observations that certain provisions conflicted with the Nigerian Tax Administration Act (NTAA) 2025. The Council is now working closely with the legislature to align the Bill with national tax laws, ensuring that the NSC’s future as a robust port economic regulator is built on a consistent and legally sound foundation.

The impact on “Institutional Innovation and Excellence” represents a vital dimension of the Council’s 2026 strategy. Mrs. Mahmood urged the Council to be “bold in thinking and resolute in execution,” noting that the credibility of a regulator depends on its ability to adapt to technology-driven logistics. Dr. Ukeyima echoed this sentiment, framing the Council’s next phase around the imperatives of collaboration and professional integrity. The goal is to move away from isolated regulatory practices toward a more integrated, transparent maritime ecosystem that can compete on a global scale.

Furthermore, the emphasis on data analytics signifies a shift toward proactive regulation. By leveraging data to monitor port costs and stakeholder engagement, the NSC aims to reduce the bottlenecks and “hidden charges” that have traditionally hampered Nigerian ports. This technological pivot is expected to improve the “Ease of Doing Business” within the maritime sector, providing the government with the empirical evidence needed to enforce fair pricing and resolve disputes between shippers and service providers more efficiently.

The long-term outlook for the Nigerian Shippers Council suggests an organization in transition toward a more professionalized and financially stable regulatory body. As the legislative corrections are finalized and the new welfare package is implemented, the Council is positioned to act with greater authority and efficiency. For the Nigerian maritime industry, these reforms represent a critical step toward lowering the cost of doing business and maximizing the economic potential of the nation’s vast coastline.

Tags: Abeokuta RetreatDr. Akutah UkeyimaMarine and Blue EconomyMaritime LogisticsNigerian Shippers CouncilNigerian Tax Administration ActPort RegulationSalary Review
Chidi Okoye

Chidi Okoye

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