marine link image
Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

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

Partnership Aims to Advance Bio-LNG as Marine Fuel

Partnership Aims to Advance Bio-LNG as Marine Fuel

NYK-Led Consortium Develops Floating Data Center Concept for Ports

NYK-Led Consortium Develops Floating Data Center Concept for Ports

Suez Canal Container Ship Transits Rebound

Suez Canal Container Ship Transits Rebound

EU Wheat Prices Rise After Another Black Sea Attack, Algerian tender

EU Wheat Prices Rise After Another Black Sea Attack, Algerian tender

Subscribe for Maritime Logistics Professional E‑News

Maricarmen Abascal has died. She was the evicted Spanish 80-year-old who was at the heart of Spain’s housing protests.
Oil giants rush in to help Italy's Meloni reduce energy costs by introducing fuel price caps
Boeing flags 737 MAX Software Bug Affecting Landing Navigation Feature, WSJ Reports