Maritime stakeholders in Nigeria have expressed serious concerns over the Nigerian Ports Authority (NPA)’s plans to terminate legally binding 10-year cargo survey contracts, some of which are still valid until 2029. The contracts in question govern crucial operations at key Nigerian ports and are considered vital for smooth port activities and cargo handling.
The NPA’s move to cancel these agreements has sparked alarm across the maritime industry, with stakeholders warning of potential disruptions to cargo clearance and port efficiency. Critics describe the decision as abrupt and potentially damaging to ongoing port operations and investor confidence.
Sources reveal that some terminal operators and cargo survey companies have operated under these concession agreements for over five years, with renewal terms still in effect. Termination without proper consultation or clear rationale risks legal challenges and operational uncertainty.
Industry watchers note that the government’s broader efforts at port modernization and concession contract reviews are necessary but should be handled transparently and with stakeholder engagement. Acts of abrupt contract cancellations could derail progress and deter foreign and private investments crucial for the sector’s growth.
The NPA has not publicly commented on the allegations, but insiders affirm that decisions are motivated by desires to enhance efficiency, weed out non-performing operators, and align contracts with new strategic priorities.