The Sea Empowerment and Research Centre (SEREC-RGT) has emphasised that reforming port and shipping charges is essential not only for operational efficiency but also for controlling inflation and strengthening Nigeria’s trade competitiveness, according to a policy statement released following recent industry reviews. (journalng.com)
In its analysis, SEREC noted that unregulated and opaque fee structures at Nigerian seaports have contributed significantly to rising logistics costs, directly affecting the prices of imported goods and placing upward pressure on consumer inflation. The organisation stressed that cost-effective tariff frameworks and transparent consultations are necessary to align port charges with international best practices. (journalng.com)
SEREC pointed out that logistics expenses now represent a substantial proportion of total landed import costs for key commodities, and that arbitrarily set or poorly justified port charges hinder the ability of Nigerian businesses to compete effectively within the West African region. The group advocated for binding regulatory mechanisms that protect port users and ensure fairness in tariff application. (journalng.com)
The policy think tank also recommended strengthening institutional coordination and digital trade platforms such as the National Single Window to improve transparency and reduce delays, thereby bolstering Nigeria’s position in regional and global value chains. SEREC emphasized that a reformed port charges landscape would support lower trade costs, higher investment confidence, and greater economic inclusion. (journalng.com)
January 15, 2026 — Source: JournalNG