By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay NewsOkay NewsOkay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Reading: Exporters Sound Alarm Over Container Crisis Crippling Lagos Ports
Font ResizerAa
Font ResizerAa
Okay NewsOkay News
Search
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Follow US
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
2026 © Okay International Limited - All rights reserved
Business

Exporters Sound Alarm Over Container Crisis Crippling Lagos Ports

By
Ogungbayi Feyisola Faesol
ByOgungbayi Feyisola Faesol
Faesol is a journalist at Okaynews.com, reporting on business, technology, and current events with clear, engaging, and timely coverage.
Follow:
March 23, 2026 - 8:03 am
Share
Container shortage
Container shortage
SHARE

Lagos, Nigeria – The Association of West African Exporters and Marine Professionals (AWAEMAP) warned that acute shipping container shortages and foreign lines bypassing Nigeria threaten the $44.06 billion export sector’s momentum, with cargoes piling up since December 2025 and terminals rejecting new loads.

Okay News quotes AWAEMAP President Bunmi Olumekun: “Shipping companies don’t even bring vessels to Nigeria to take exports again. They prefer to go to Cotonou… You will see a vessel coming in to discharge cargoes and sail empty to carry exports,” as 9M 2025 exports hit $44.06B (up $3.76B YoY per CBN) face sabotage despite Tinubu administration gains.

Perishables rot in terminals lacking space and vessels, recreating pre-e-call-up congestion with containers queuing on access roads and Export Processing Terminals holding loads 2-3 weeks; LWL Concept MD Lawal Wasiu blamed Iran-US war route changes: “Some shipping lines cancelled Middle East consignments… terminal operators stopped accepting export containers.”

Transporters avoid dropping empties due to delays, compounding scarcity as Middle East conflict offers foreign lines excuses to dodge Nigerian ports favoring neighboring Benin; exporters demand Federal Government intervention to protect non-oil revenue surge.

- Advertisement -

Olumekun acknowledged export progress under Tinubu but charged “foreigners want to cripple it,” while terminal operators, shipping firms, and shippers trade blame over customs clearances, vessel schedules, and arbitrary practices undermining SMEs.

The crisis risks reversing naira gains from export rebound, hitting farmers, manufacturers, and traders as global disruptions amplify local bottlenecks in Africa’s busiest port gateway.

Follow Okay News channel on WhatsApp
Add as a preferred source on Google
Follow Okay News on Instagram
- Advertisement -

TAGGED:container shortageLagos exports
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
Previous Article The Central Bank of Nigeria (CBN) CBN Targets Single-Digit Inflation Under New Policy Framework
Next Article GenCos GenCos Lament Payment Delay Despite N501B Debt Bond Issuance
FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow
- Advertisement -
- Advertisement -
Ad imageAd image
Okay NewsOkay News
2026 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook