Tension is building in Nigeria’s maritime sector following concerns by freight forwarding practitioners over the Federal Government’s new tax regime, which took effect on January 1, 2026. Industry operators warn that the policy could trigger higher freight charges and increase the cost of doing business at the nation’s ports.
Some freight agents disclosed that shipping lines have already begun internal consultations on possible upward reviews of freight charges, even though the new tax framework is still being interpreted.
Two shipping companies were said to have held meetings earlier in the week to consider adjustments aimed at cushioning the expected impact of the reforms.
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The Federal Government says the tax overhaul is designed to simplify taxation, expand the tax net, improve compliance and reduce pressure on low-income earners. The reform forms part of a broader fiscal agenda under President Bola Tinubu to modernise Nigeria’s tax system and strengthen economic competitiveness, with January 1, 2026 confirmed as the official commencement date.
Commenting on the development, the Head of Shipping, Air and Terminal Logistics at the National Association of Government Approved Freight Forwarders, Ugochukwu Nnadi, said shipping companies were acting pre-emptively. He noted that operators were making preparations to avoid being caught off guard, even though the law is yet to be fully implemented across the sector.
Also reacting, the Apapa Chapter Chairman of the National Council of Managing Directors of Licensed Customs Agents, Abayomi Duyile, warned that the new tax policy would directly affect freight forwarders and clearing agents.
He explained that additional taxes on port-related charges could raise clearing costs for importers and small businesses, while cautioning shipping companies against premature fare increases that could further strain port operations.
