FG Suspends New Shipping Tariffs, Directs Full Stakeholder Engagement

 The Federal Government has intervened in the ongoing controversy surrounding recent increases in shipping and port charges, ordering an immediate suspension of all tariff adjustments across Nigerian ports.

The Nigerian Shippers' Council (NSC), acting as the port economic regulator, issued a directive in January 2026 instructing shipping companies, shipping agents, and terminal operators to halt any review or upward revision of their charges. The move aims to prevent further disruption in the maritime sector amid protests from importers, freight forwarders, and clearing agents who argued that the hikes were imposed without adequate consultation.

In a statement signed by NSC Executive Secretary and CEO Dr. Pius Akutah, the Council emphasized the need for transparency and inclusivity. “Notwithstanding these processes, shipping companies, agents, and terminal operators are hereby directed to suspend any intended review of charges until proper stakeholder engagement has been conducted,” the statement read.

The directive followed industry-wide outcry over new charges introduced by major shipping lines, including hikes in agency fees, documentation charges, and port surcharges—some rising by 30-60% for containers. Stakeholders warned that such increases would raise import costs, exacerbate inflation, and potentially paralyze port activities.

The NSC's intervention was hailed as a temporary relief by trading communities, though tensions persist. Recent reports indicate protests at Lagos ports, with agents demanding full reversal of the charges and sustained dialogue. Some operators have been accused of non-compliance, prompting calls for stricter enforcement and sanctions.

This development underscores the government's commitment to balancing regulatory oversight with stakeholder interests in Nigeria's critical maritime trade sector, which handles the bulk of the country's imports and exports.

Industry observers expect upcoming consultations to address concerns over tariff approval processes, economic impacts, and mechanisms for future reviews. The NSC has reiterated its readiness to wield regulatory powers against violations while promoting dialogue as the preferred path forward.

As Nigeria navigates economic challenges, maintaining stable and consultative port operations remains key to supporting trade, reducing business costs, and fostering growth.