Coronavirus: NPA Suspends Demurrage Payment For 21 Days

The Nigerian Ports Authority (NPA) has suspended all applicable terminal storage fees on consignments (demurrage) with effect from March 23, 2020, to last for 21 days.

In a statement signed by its General Manager, Corporate and Strategic Communication, of NPA, Mr. Adams Jatto, NPA added that the gesture was in line with the restrictions placed on business amid the COVID-19 pandemic.

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The statement read in part, “The authority recognizes the financial implications of these policies on the terminal operators and will consider a shift in our operational charges to ameliorate the situation of stakeholders.”

In reaction to the raging coronavirus, the Lagos State Government had issued a directive suspending all non-essential services, Most businesses, except for food and pharmaceuticals, had closed.

A stakeholder, Sunny Nnebe, said; “It is a big relief for us. It means we can breathe a sigh of relief, knowing we don’t have to cough out huge sums of money to pay for demurrage when businesses are not allowed to operate,” he said.

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