Making Nigerian ports competitive

Clearing a 20-foot container in Cotonou ports, Benin Republic costs N7–8 million versus N14–15 million in Nigeria. A 40-foot container costs N13–14 million in Benin versus N19–20 million, sometimes hitting N25 million in Nigeria’s ex-bonded terminals. Importers save N3–4 million per box by routing through Cotonou. This stark N18 million gap reveals a crisis eating […]

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