Maritime corruption adds 15 per cent to costs of imports to Nigeria – MACN

Capt. John

For over a decade, the Maritime Anti-Corruption Network (MACN) has gathered first-hand data to map the extent of maritime corruption in the port and maritime sector.
While detailed accounts of the direct cost of corruption have been documented, a comprehensive assessment of its overall monetary impact on the maritime industry and wider society, including indirect costs such as extended vessel lead times and delays, has been lacking. Understanding these hidden costs is crucial, as they profoundly...

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.