Mixed reactions are trailing plans by the Nigerian Shippers’ Council (NSC) to introduce minimum share for companies involved in freight forwarding business in the country. SHIPS & PORTS DAILY had reportedly exclusively in its edition of Tuesday 3rd June, 2014 that NSC is putting finishing touches to plans to introduce a minimum capital base for companies engaged in freight forwarding activities.
Executive Secretary/CEO of NSC, Barr. Hassan Bello, gave indication to this effect last weekend during an interactive session with senior media practitioners in Lagos. Bello, who decried the lack of professionalism and absence of sanity in the freight forwarding industry, said that the minimum capital base to be introduced by NSC will stimulate consolidation and weed out touts.