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Wednesday, April 9, 2025

Trump Tariffs: Nigerian exporters advised to adopt group export strategy

“When you export as an individual, it’s difficult to enjoy rebates,” she explained.

• April 8, 2025
Vessel used to illustrate the story
Cargo ship used to illustrate the story (Getty Images)

The Nigerian Shippers’ Council (NSC) has advised exporters to adopt group export strategies to remain competitive following the 14 per cent tariff imposed by the United States on Nigerian exports.

NSC’s deputy director of stakeholders services, Hannah Adaba, made the recommendation during a sensitisation programme in Kaduna State.

The event aimed to educate stakeholders on the council’s online portal for the registration of regulated port service providers and users.

“When you export as an individual, it’s difficult to enjoy rebates,” she explained. “But with group exports, exporters can share the tariff burden. This way, they can maximise profits and stay in business.”

Ms Adaba represented the NSC executive secretary and chief executive officer, Pius Akutah.

She highlighted that one of the key benefits of registering on the NSC portal was access to valuable information that could help stakeholders grow their businesses.

Ms Adaba added that the portal would connect service providers and users, offering details on shipping destinations and associated costs.

“Additionally, the system will help update NSC records and enhance the traceability of individuals involved in fraudulent activities, thereby reducing malpractice at the ports,” she said.

Similarly, the state coordinator of the Nigerian Export Promotion Council (NEPC) in Kaduna, Kabiru Yusuf, underscored the importance of registration for shippers and exporters.

He encouraged exporters to explore alternative markets in light of the U.S. tariff.

According to Mr Yusuf, the new U.S. trade policy should not deter Nigerian exporters, as global opportunities remain abundant.

“The world is a global village. If one market becomes difficult like the U.S., we should pivot to others with less stringent policies, such as those in the East,” he said.

“If the U.S. is willing to engage in dialogue, that’s great. But in the meantime, we must start looking elsewhere to safeguard our export businesses,” he stated.

(NAN)

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