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

FMC Decision Upheld That Detention Fees During Port Closure Are Unfair

FMC Decision Upheld That Detention Fees During Port Closure Are Unfair

AIDAmar Cruise Ship Docks at Damen Shiprepair for Bottom Survey

AIDAmar Cruise Ship Docks at Damen Shiprepair for Bottom Survey

BCT Gdynia Receives Two LHM 550 Harbor Cranes

BCT Gdynia Receives Two LHM 550 Harbor Cranes

Jonathan Oak Appointed as Senior War Underwriter at NorthStandard

Jonathan Oak Appointed as Senior War Underwriter at NorthStandard

Subscribe for Maritime Logistics Professional E‑News

Air Canada hires the top boss of Scandinavian Airlines to be CEO
Venture Global's liquefaction fees for the second quarter of 2014 have risen 69% due to Iran war and higher LNG prices
Chevron tanker carrying CPC oil is hit by drones in the Black Sea