Categories: Business

Cargo planes shunning Nigeria over extortion, high charges – Senate

The Senate on Wednesday condemned illegal charges on cargo movement by freight agents, which it said was already making some airlines involved in freight transport to avoid Nigeria.

The Senate thus commenced moves to stop the illegal charges and delay in cargo processing.

The action followed a motion sponsored by Sen. Bala Na’Allah (APC-Kebbi) during the plenary.

The motion was titled, ‘The need to streamline Import and Export Cargo Processing in the Aviation Sector’.

Rising under Orders 42 and 52 of the Senate’s Standing Rules, Na’Allah noted with dismay the loss of about N250 billion on agro-export of produce in the country.

According to the lawmaker, the loss which translates to a ratio of 87:13 continues to impact negatively on the country’s economy.

He lamented that loading 100 tons of cargo on aircraft cost around $35,000 in Nigeria, compared to Ghana that cost just about $4000.

He said, “This has caused substantial damage to the Federal Government’s efforts of stimulating capital inflow”, adding, “Airlines involved in cargo transport have started avoiding Nigeria in view of the prohibitive charges.”

The Senate, accordingly, mandated the Joint Committees on Trade and Investment, Agriculture and Rural Development and Aviation and Customs to invite stakeholders and freight agents to come with acceptable template of processing Nigeria’s imports and exports.

Trends Admin

Recent Posts

Ronaldo tops Forbes, earning twice as much as Messi

Ronaldo tops Forbes, earning twice as much as Messi Portuguese football superstar Cristiano Ronaldo has…

3 hours ago

Relief as 386 persons abducted in 2014 rescued from Sambisa Forest

Relief as 386 persons abducted in 2014 rescued from Sambisa Forest No fewer than 386 people,…

3 hours ago

Oba of Benin receives 2 looted ancestral stools from Germany

Oba of Benin receives 2 looted ancestral stools from Germany The Oba of Benin, Omo…

3 hours ago

Flamingos thrash Burkinabe Girls 6-0 in U-17 World Cup qualifier

Flamingos thrash Burkinabe Girls 6-0 in U-17 World Cup qualifier Nigeria secured a place in the…

3 hours ago

Osun: Obaship tussle rages in Iree as court restrains Gov Adeleke again

Osun: Obaship tussle rages in Iree as court restrains Gov Adeleke again A High Court sitting in…

3 hours ago

Truck crushes many vehicles on Imo varsity junction, five killed

Truck crushes many vehicles on Imo varsity junction, five killed Owerri- An unidentified Truck driver, on Saturday…

4 hours ago