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FG to implement international cargo tracking to boost revenue

Onwubuke Melvin
Onwubuke Melvin

The Federal Government, through the Nigerian Shippers Council, has announced plans to implement the International Cargo Tracking Note to enhance Nigeria’s security and increase revenue generation.

The Executive Secretary of the council, Mr. Pius Akutah,
made this disclosure at a recent event in Lagos.

Represented by the Director of Special Duties at the Nigerian Shippers Council, Mustapha Zubairu, Akutah explained that the implementation of the ICTN aligns with President Bola Tinubu’s administration’s efforts to diversify Nigeria’s revenue base and strengthen the nation’s economy.

“The NSC has unveiled plans to kick off the implementation of the ICTN. The platform is an automated scheme, which can determine the type and volume of cargo that are imported into the country through seaports within a specific period. The ICTN will also boost Nigeria’s security and enhance the Federal Government’s revenue from the seaports,” Akutah said.

Akutah further highlighted that the NSC is working on implementing new innovations, including the adoption of Enterprise Content Management, to streamline and improve the council’s internal work processes and procedures.

He emphasized that the global shift toward e-commerce and digital trade presents a significant opportunity for the NSC to enhance its digital capabilities, positioning it to lead in automating port operations, customs processes, and supply chain management.

“Through the adoption of blockchain, Internet of Things, and other emerging technologies, the NSC can facilitate faster, more transparent, and cost-efficient trade,” he maintained.

According to him, the NSC’s involvement in fostering public-private partnerships in the development of port infrastructure, logistics facilities, and transport networks presents an opportunity for collaboration with private investors, “which could help alleviate infrastructure challenges.

“These partnerships could also extend to training and capacity-building programs for shippers, freight forwarders, and other industry stakeholders.”

Akutah also pointed out that with the global shipping industry increasingly prioritizing sustainability, the NSC has a unique opportunity to steer Nigeria’s shipping sector towards greener practices.

This includes the adoption of eco-friendly vessels, renewable energy solutions, and waste management systems in the ports.

He emphasized that these efforts would not only enhance Nigeria’s environmental reputation but also make its maritime sector more appealing to international investors and trading partners.


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