Cargo Tracking Contract: How delayed execution cost Nigeria $500m annually — Shippers’ Council

The Shippers’ Council of Nigeria has raised the alarm over the cost of the delay in implementing the International Cargo Tracking Note (ICTN) contract.

Pius Akutah, the Executive Secretary of the Shippers’ Council, disclosed this on Monday at a hearing on the ICTN, a cargo tracking technology.

The hearing, organised by the House of Representatives Committee on Shipping Services, Customs, Ports and Harbour, and Maritime Safety, Education, and Administration, is investigating the non-implementation of the contract.