It was discovered that during the second quarter of this year, the federal government will start implementing the International Cargo Tracking Note (ICTN) throughout the country’s ports.
This was disclosed yesterday in Ibadan by Pius Ukeyima Akutah, the Executive Secretary/CEO of the Nigerian Shippers Council (NSC).
Speaking at the Five Year Strategic Management Retreat in Ibadan, Oyo State, with the topic “The Future-Transition from Nigerian Shippers Council to Nigeria Port Economic Regulatory Agency (NPERA),” Akutah
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“The Council’s 2025 budget is strategically anchored on the 1% freight stabilization fee, with plans to begin its collection upon Presidential assent to the NPERA Bill,” the NSC scribe stated.
“With great honor, I welcome you to this transformative management retreat,” he says. We are starting an important journey today to determine the destiny of the Nigerian Shippers’ Council (NSC), which will become the Nigerian Port Economic Regulatory Agency (NPERA).An extensive five-year strategic plan for 2025–2029 that aims to develop the maritime industry through increased productivity, flexibility, and innovation is being shaped in large part by this retreat.
He noted that the Nigerian Shippers’ Council has a strong history of effect and tenacity, having defended shippers’ rights, promoted fair trade, and increased port competition.
The Council has accomplished a number of noteworthy milestones in the last year, such as signing the Minimum Standards of Conditions of Service for Workers in the Shipping Industry; organizing the 17th International Maritime Seminar for Judges and releasing the Operational Manual for Inland Dry Ports; launching the online registration portal for users and providers of regulated port services; constructing the Confirmation of Reasonableness of Demurrage, Freight Rate, and Charter Party Fees (CRD) Portal and the E-Regulatory Process Portal (ERPP); Establishing a Leadership Development Program to enhance institutional capability through succession planning and recovering billions of naira through strong complaint handling procedures.
“These successes demonstrate our steadfast dedication to providing value to stakeholders and guaranteeing a smooth transition to NPERA.”
Notably, the International Cargo Tracking Note (ICTN), which is slated to be implemented in the second quarter of this year under the direction of the Federal Ministry of Marine and Blue Economy, would pave the way for improved revenue generation and operational monitoring.
He stated that the Council’s 2025 budget “is strategically anchored on the 1% freight stabilization fee, with plans to commence its collection upon Presidential assent to the NPERA Bill.”
During this retreat, we will concentrate on four strategic priorities: enhancing operational efficiency to ensure a smooth transition to NPERA; promoting transparency and fairness through predictable regulatory policies; strengthening stakeholder engagement to promote inclusivity and collaboration; and advancing sustainability by balancing environmental responsibility with economic growth.
He asserted that this retreat “is not just a planning session but a collaborative platform for crafting actionable solutions and building a solid framework for regulatory excellence.” By pooling our knowledge, imagination, and commitment, we can create the groundwork for a marine industry that is more sustainable, inclusive, and competitive.
Each Directorate has a clearly defined role as outlined in the program, which emphasizes the practical approach necessary for NPERA’s successful implementation. Let’s take use of this chance to create a future of creativity, quality, and advancement,” Akutah stated.
