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

Gulf Markets Rise on Hopes of Avoiding Future Iran Strikes

Gulf Markets Rise on Hopes of Avoiding Future Iran Strikes

Los Angeles, Long Beach Port Workers Extend Labor Negotiations

Los Angeles, Long Beach Port Workers Extend Labor Negotiations

Maritime Market: Cable Layer Fleet Gains Scale, Scope

Maritime Market: Cable Layer Fleet Gains Scale, Scope

Maritime Training: What Happens Between Seeing a Risk and Speaking Up

Maritime Training: What Happens Between Seeing a Risk and Speaking Up

Subscribe for Maritime Logistics Professional E‑News

Increased security at US Fairford Air Base in England
Pentagon: Boeing has won the contract for next-generation US Navy fighters.
Zimbabwean businessman Chivayo who was close to the ruling elite killed in helicopter crash