Tension is mounting among freight forwarders in Nigeria’s maritime sector following the commencement of the new tax regime on Thursday, January 1, 2026.
Some practitioners told The PUNCH that certain shipping lines have already begun holding internal meetings to consider possible increases in freight charges.
The Federal Government officially rolled out a sweeping reform of Nigeria’s tax system on January 1, 2026. Described as one of the most far-reaching overhauls in decades, the reforms are aimed at simplifying taxation, encouraging economic growth, expanding compliance, and reducing the burden on low-income earners.
The initiative forms part of President Bola Tinubu’s broader fiscal policy agenda to modernise the tax framework, improve revenue collection efficiency, and strengthen Nigeria’s economic competitiveness. Despite some political disagreements over legislative procedures, the government reaffirmed January 1, 2026, as the implementation date.
Commenting on the impact of the reforms on the maritime industry, the Head of Shipping, Air and Terminal Logistics at the National Association of Government Approved Freight Forwarders, Mr Ugochukwu Nnadi, disclosed that two shipping companies held meetings on Tuesday.
“They are already meeting with the intention of increasing their freight charges because no one wants to be caught off guard. Even before the law is fully implemented, they are already adjusting in anticipation. Everyone is making preparations,” Nnadi said.
Also speaking, the Apapa Chapter Chairman of the National Council of Managing Directors of Licensed Customs Agents, Mr Abayomi Duyile, said the tax reforms would undoubtedly affect freight forwarding operations.
“This policy will impact us. Most of the expenses involved in clearing goods—such as shipping, terminal, and other charges—are documented with receipts. Once such payments are taxed, it will certainly affect our business,” he explained.
Duyile, however, opposed the proposed increase in freight charges by shipping companies.
“They are planning to increase rates, but we have said no. They should wait until the fourth week of January so we can meet and consult with our members. If they go ahead with the increase, we will picket them. The cost increments are becoming excessive. There was an increase last year, and it has already caused tension at the ports,” he warned.
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