. The Nigerian Ports Authority has directed all Terminal operators to extend the suspension of all applicable terminal storage fees on consignments (demurrage) for another fourteen days effective April 13, 2020.
This follows the extension of the Lockdown in response to the COVID-19 outbreak by President Muhammadu Buhari on Sunday, April 12, 2020.
A Release by the Head Corporate and Strategic Communications, Jatto A. Adams said the gesture was in recognition of the pressure that the COVID-19 pandemic imposes on businesses, the responsibility imposed on the Authority to relief this burden on its customers as well as attaining the objective of the Federal Government’s Ease of Doing Business Policy at this trying period.
The Authority states that compensation to terminal operators would be as spelt out in its April 8, 2020 letter to the terminal operators, adding that it would not tolerate any form of non-compliance with directive, hence it would not hesitate to apply the appropriate sanctions.