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

Fall From a Pilot Ladder Investigation Highlights Health Concerns

Fall From a Pilot Ladder Investigation Highlights Health Concerns

Survey: EU Citizens Demand Strong Reform of Live Animal Transport

Survey: EU Citizens Demand Strong Reform of Live Animal Transport

Methanol-Fueled CMA CGM Monte Cristo Delivered

Methanol-Fueled CMA CGM Monte Cristo Delivered

Inland Waterways Infrastructure: The Time is Now

Inland Waterways Infrastructure: The Time is Now

Subscribe for Maritime Logistics Professional E‑News

Trump says Greenland agreement framework has been reached, and rules out tariffs
Source: SpaceX has lined up four Wall Street Banks for the mega 2026 IPO
Oil prices settle higher on force majeure at Kazakh field, slow Venezuela exports