27 November 2015, Sweetcrude, Lagos – The Manufacturers Association of Nigeria, MAN, has warned that the Cargo Tracking Note, CTN, being planned by the Nigerian Shippers’ Council for introduction at the ports will jerk up the cost of cargo clearance.
The CTN had earlier in 2013 been jettisoned by the Federal Government following clamour by manufacturers to that effect.
According to MAN, a re-introduction of the policy would in raising the cost of cargo clearance have negative effect on businesses and by extension the nation’s entire economy.
MAN Director General, Remi Ogunmefun, hinted that in spite of the well-intentioned counsel of manufacturers at different fora, including meetings with the shippers’ council, the council was determined to see the reintroduction of the policy.
“In the interest of the manufacturing sector and the Nigerian economy, the Nigerian Shippers Council and by extension the Federal Government should jettison the re-introduction of the CTN as currently crafted until the issue of where the cost burden of its implementation will rest,” Ogunmefun said.
He maintained that he was expressing the reservations against CTN since MAN was the voice of manufacturers in the country, stressing that the association was strongly opposed to the re-introduction of CTN in any form.