… As Shippers’ Council anchors 2025 budget on 1% freight stabilisation fee
By Steve Agbota
The Executive Secretary/Ceo of the Nigerian Shippers Council (NSC), Mr. Akutah Pius Ukeyima on Wednesday said that the Federal Government would commence the implementation of the International Cargo Tracking Note (ICTN) is scheduled at the Nigerian ports by the second quarter of 2025.
Speaking during the five year strategic management retreat held with the theme: “The Future-Transition from Nigerian Shippers Council to Nigeria Port Economic Regulatory Agency (NPERA) held in Ibadan, Oyo State, said the retreat is a value opportunity for the management to step back to reflect on achievements and plan for greater accomplishments.
However, Ukeyima revealed that the Council’s 2025 budget is strategically anchored on the one per cent freight stabilization fee, with plans to commence its collection upon Presidential assent to the NPERA Bill.
He hinted that under the guidance of the Federal Ministry of Marine and Blue Economy, the International Cargo Tracking Note (ICTN) is scheduled for implementation in the second quarter of this year, setting the stage for enhanced revenue generation and operational oversight.
“Our focus during this retreat will revolve around four strategic priorities which include; strengthening stakeholder engagement to foster inclusivity and collaboration, promoting transparency and fairness through predictable regulatory policies, enhancing operational efficiency to prepare for a seamless transition to NPERA, and driving sustainability by aligning economic growth with environmental responsibility.”
“As the program outlines, each Directorate has a clearly defined role, emphasizing the hands-on approach required to implement NPERA successfully. Let us seize this opportunity to shape a future of innovation, excellence, and progress,” he posited.
He said that the Nigerian Shippers’ Council has a proud legacy of resilience and impact—protecting shippers’ interests, fostering fair trade practices, and driving competitiveness within the nation’s ports.
“Over the past year, the Council has recorded remarkable achievements, including: Signing the Minimum Standards of Conditions of Service for Workers in the Shipping Industry; Launching the Operational Manual for Inland Dry Ports and Hosting the 17th International Maritime Seminar for Judges; Rolling out the Online Registration Portal for regulated port service providers and users.
“Developing the E-Regulatory Process Portal (ERPP) and the Confirmation of Reasonableness of Demurrage, Freight Rate, and Charter Party Fees (CRD) Portal; Recovering billions of naira through robust complaints handling mechanisms; and Introducing a Leadership Development Program to strengthen institutional capacity through succession planning.
“These accomplishments underscore our unwavering commitment to delivering value to stakeholders and ensuring a seamless transition to NPERA,” he added.
According to him, this retreat is not merely a planning session but a collaborative platform for crafting actionable solutions and building a solid framework for regulatory excellence.
“By uniting our expertise, creativity, and dedication, we can lay the foundation for a more competitive, inclusive, and sustainable maritime sector,” he said.