Nigeria loses $500M annually to abandoned containers- SEREC warns

Nigeria’s ongoing port crisis, fueled by an influx of abandoned and empty shipping containers, is costing the country an estimated $500 million annually in lost revenue and economic inefficiency. This stark warning comes from the Sea Empowerment and Research Center (SEREC), as detailed in its recent May bulletin by head of research, Eugene Nweke. The [...]The post Nigeria loses $500M annually to abandoned containers- SEREC warns appeared first on National Daily Newspaper.

Read More