OPS endorses N20bn container-insurance scheme to scrap deposit fees

Vanguardngr | 17-11-2025 07:30pm |

By Godwin Oritse The Organised Private Sector (OPS) represented by Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has welcomed the introduction of a N20 billion collective insurance bond backed by a consortium of insurers to replace the long-standing container deposit system in Nigeria’s maritime trade. The new scheme, designed to protect international

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