By Uzor Odigbo
The management of the Nigerian Ports Authority (NPA) has directed all Terminal operators to extend the suspension of all applicable terminal storage fees on consignments (demurrage) for another fourteen days effective April 13, 2020.
This gesture is in recognition of the pressure that the COVID-19 pandemic imposed on businesses.
The authority’s General Manager, Corporate and Strategic Communications, Mr Adams Jatto, stated that the compensation to terminal operators would be as spelt out in its April 8, 2020 letter to the terminal operators.
Jatto warned that the authority would not tolerate any form of non-compliance with directive and not hesitate to apply the appropriate sanctions, while expressing its appreciation to all stakeholders for their cooperation.