The National Association of Government Approved Freight Forwarders (NAGAFF) has lamented the adverse effects of the fuel price increment across Nigeria on the businesses of its members.
National President of the association, High Chief Tochukwu Ezisi in a chat with our correspondent on Monday, stated that the price of fuel has risen by 300 percent.
He explained that the bite of the hike on the businesses of the freight forwarding group in the Maritime is enormous saying it is a big problem for the subsector practitioners.
According to him, even though the problem cuts across the country, freight Forwarders have a share of the ugly trend.
Describing the situation as a big problem, Ezisi called on the federal government to explain the exact cause of the scarcity and hike in price to Nigerians.
His words, “It is a general disaster because every part of the country is affected, it is not peculiar to freight forwarding practitioners
“It has affected our members so much because in my own company, the purchase of fuel has skyrocketed by 300 percent let alone the entire NAGAFF members and their companies.
“I hope just like what the Minister of State for Petroleum said the other day, I think they are really looking into the matter. I don’t want to be political about it but it is a really big problem.
“My position in this matter is t if subsidy is the problem, they should come out plain and tell the people and let them look at it together instead of deceiving people
Asked if the scarcity of redesigned naira notes have any effect on the operation of the members, he maintained that the profession had gone beyond moving cash around.
He said, “The issue of new naira scarcity has nothing to do with freight forwarding because in this era, movement of cash is out of place because there are other means of transactions that make it seamless. As far as I am concerned, I don’t think it concerns us like that.”