By Aisha Cole
The Nigerian Shippers’ Council (NSC) says it will sign a Memorandum of Understanding with shipping companies on reducing the cost of doing business at ports to 35 per cent.
The NSC Executive Secretary, Mr Hassan Bello, disclosed this in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja.
He spoke on the sideline of a two-day Sub-Regional Workshop and Joint Standing committee meeting with the theme “Port Concession in West and Central Africa: Impact on Economies of Member States’’.
“Already Nigerian Shippers’ Council is about to sign a very important MoU with the Shipping Companies. This will reduce drastically by about 35 per cent the cost of doing business in Nigeria.
“So if we perfect our system; we will find efficiency, we will find competition, because competition drives down the costs.
“We want the cost of transportation to be minimal as part of the cost of production.
”Right…
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