Agency reports
The Nigerian Shippers’ Council (NSC) has been reaffirmed as the economic regulator of the Nigerian port industry.
Giving the reaffirmation on Friday at a sensitization seminar jointly organized the Federal Ministry of Transportation and the council on “Promoting Competitiveness in the Maritime Industry: The Mandate of Nigerian Shippers’ Council, the Minister of Transportation, Alhaji Mu’azu Jaji Sambo reiterated the position of the Federal Government that NSC is the economic regulator of the port industry and enjoined stakeholders operating in the industry to cooperate the council.
The minister, who was represented by the Permanent Secretary of the ministry, Mrs. Magdalene Ajani, also advised the stakeholders to get acquainted and be conversant with the supervisory role of NSC.
He recalled that the NSC was appointed interim port economic regulator in 2015 to effectively regulate tariffs, rates, charges and other related services as well as monitor all matters relating to the cost, standard and quality of services rendered by the regulated service providers.
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He reiterated that NSC is the economic regulator while the Nigerian Ports Authority (NPA) remains the technical and supervisory regulator.
The minister declared that the two agencies are working within the Nigerian port system for the good of the industry and advised those in court to embrace the regulatory roles of the two government agencies.
Sambo reiterated that NSC remains the port economic regulator pending the time the National Transport Commission would come into being to regulate the transport industry.
The Permanent Secretary earlier said she was glad that the two agencies, NSC and NPA, known to be fighting each other, have agreed to work together for the common good of the industry.
She hinted that the ministry is looking at committee reports with a view to implementing some of them.
