Nigeria's leading finance and market intelligence news report.

Huge haulage cost, terminal charges weighing on Nigerian importers

…Ghana, South Africa pay less   …Analysts blame bureaucracy, corruption, multiple checkpoints

Importers in Nigeria, including manufacturers who bring in critical production inputs through the seaports, are breaking under the weight of heavy shipping charges, terminal handling charges as well as huge cost of transporting their goods from the port terminal to their warehouses. Compared to their peers in Ghana and South Africa, importers in Nigeria are…

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