The Nigerian Shippers’ Council (NSC) says it protected more than N90.6 billion and $1.348 million in economic value for Nigerian shippers through regulatory interventions and dispute resolution between November 2023 and the second quarter of 2026.
Executive Secretary and Chief Executive Officer of the Council, Dr. Akutah Pius, disclosed this during a media briefing in Lagos on Saturday.
As reported by Daily Trust, Akutah said that the Council prevented N86.06 billion in unjustified demurrage payments and secured an additional N4.54 billion and $1.348 million through Alternative Dispute Resolution (ADR) and other regulatory measures.
According to Akutah, the NSC received 558 complaints during the period and resolved 295 disputes involving container deposits, demurrage, detention charges, terminal charges, cargo claims and export fraud.
