Shipping, other sectors count losses to lockdown
By Christian Joseph Wariaye
1 week ago
- Top Stories
OPERATORS in various sectors of the economy are still counting their losses to the lockdown occasioned by the coronavirus, COVID-19 pandemic with the shipping sector estimating loss so far at N500 billion.
Vice President of the Association of the Nigeria Licensed Customs Agents, ANLCA, Mr. Kayode Farinto, who disclosed this while speaking to Vanguard Maritime Report, expressed worry that the COVID-19 pandemic may lead to about 35percent of work force losing their jobs, post-COVID 19.He said: “We have lost a lot of money, because the import from China stopped and about 65 percent of our imports comes from China so it has reduce our level of importation by 65percent. So the import is nose diving and unfortunately there is no encouragement from the government because the implementation of waiver on storage fee is zero.
“We have a situation now where our importers believe that we are thieves saying after all the government said they should waive demurrage. We have lost a lot of money that can’t be less than N500 billion in the last two months. And I am also seeing a situation where the work force in the maritime industry may reduce by 35 percent. I have spoken to about five shipping companies and they said 50 percent of their workforce has been asked to stay at home in line with the guidelines of the COVID-19 pandemic. Some of them actually said they don’t know if they can work with 50 percent work force meaning that post COVID-19 a lot of people will lose their job.”
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