Making Nigerian ports competitive
Clearing a 20-foot container in Cotonou ports, Benin Republic costs N7โ8 million versus N14โ15 million in Nigeria. A 40-foot container costs N13โ14 million in Benin versus N19โ20 million, sometimes hitting N25 million in Nigeriaโs ex-bonded terminals. Importers save N3โ4 million per box by routing through Cotonou. This stark N18 million gap reveals a crisis eating [โฆ] The post Making Nigerian ports competitive appeared first on Vanguard News.