Shipping Goods into Nigeria Costs More Than for African Peers

March 4, 2020

© donvictori0 / Adobe Stock
© donvictori0 / Adobe Stock

It costs as much as five times more to ship goods into Nigeria than it does to deliver items via other African ports, consultancy SBM Intelligence said in a note on Wednesday.

SBM tracked shipments from the European Union into Appapa, a key import hub in Nigeria's commercial capital of Lagos, Durban in South Africa and Tema in Ghana over three months.

The results showed that total costs to get items into Lagos are five times higher than in Durban and three times higher than in Tema.

Local transport added the biggest amount, costing 10 times as much in Lagos compared with the other ports

The figures are significant, as Nigerian businesses say poor infrastructure pushes up costs and puts them at a disadvantage as Nigeria prepares to enter the African Continental Free Trade Agreement.

(Reporting by Libby George; Editing by Mark Potter)

Logistics News

Trump Says No Rush for Iran Deal, US Blockade Stays

Trump Says No Rush for Iran Deal, US Blockade Stays

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

EU Temporarily Suspends Fertilizer Duties Amidst Hormuz Crisis

EU Temporarily Suspends Fertilizer Duties Amidst Hormuz Crisis

Syria, CMA CGM to Operate Two Dry Ports

Syria, CMA CGM to Operate Two Dry Ports

Subscribe for Maritime Logistics Professional E‑News

Ukraine claims it has hit a pumping station for oil in Russia's Vladimir Region
State media reports that Syria has signed a deal with CMA CGM for the operation of two dry ports.
Mercedes will roll out automated urban driving in Germany by the end of the year