• About Us
  • Advertise With Us
  • Contact Us
  • Donate
Wednesday, August 27, 2025
Daily Intel Newspapers
  • Login
  • Welcome
  • Special reports
    • All
    • Unedited for the record
    How MKO Abiola’s rift with editors inspired Newswatch magazine — Veteran journalist

    How MKO Abiola’s rift with editors inspired Newswatch magazine — Veteran journalist

    Fight against insurgency: Middle-belt Forum hail FG, Israel security pact

    Fight against insurgency: Middle-belt Forum hail FG, Israel security pact

    IGP orders probe into Amnesty International claims of extrajudicial killing, human rights violations in the South-east

    IGP orders probe into Amnesty International claims of extrajudicial killing, human rights violations in the South-east

    Insecurity in the South-east caused by Buhari’s clampdown on Pro-Biafra pretests-Amnesty International

    Insecurity in the South-east caused by Buhari’s clampdown on Pro-Biafra pretests-Amnesty International

    Economic crisis: Nigeria’s daily fuel consumption declines to 48 million litres

    Economic crisis: Nigeria’s daily fuel consumption declines to 48 million litres

    Tinubu appoint new CG fire service

    Paramilitary recruitment: 1.9m Nigerians justle for 30,000 slots amid escalating unemployment

  • Metro News
    Teachers, health workers strike,others:  Wike gets fresh ultimatum from FCT workers

    FCTA clears 1,000 shanties in Abuja district

    FCT set up committee to probe sales of FG houses, parks

    FCT set up committee to probe sales of FG houses, parks

    Imo government move to end open grazing in Owerri, issues two-week ultimatum to herders

    Imo government move to end open grazing in Owerri, issues two-week ultimatum to herders

    Lagos Assembly move to enact law to regulate house rents, agents, others

    Lagos Assembly move to enact law to regulate house rents, agents, others

    Teachers, health workers strike,others:  Wike gets fresh ultimatum from FCT workers

    Wike launch operation to flush street beggars, one- chance syndicate, others in FCT

    Teachers, health workers strike,others:  Wike gets fresh ultimatum from FCT workers

    Teachers, health workers strike,others: Wike gets fresh ultimatum from FCT workers

  • Latest News
    • All
    • Crime watch
    Court orders forfeiture of N246m shares linked to ex-army general

    Court orders forfeiture of N246m shares linked to ex-army general

    ITF mourns ex-DG, Prof. Olugbemiro Akerejola

    ITF mourns ex-DG, Prof. Olugbemiro Akerejola

    Tinubu orders  police removal from contributory pension scheme

    PenCom recovers over N4 billion from errant employers

    Fight against insurgency: Middle-belt Forum hail FG, Israel security pact

    Katsina gov calls for deployment of more ground troops, air operations against bandits

    Teachers, health workers strike,others:  Wike gets fresh ultimatum from FCT workers

    FCTA clears 1,000 shanties in Abuja district

    Tinubu signs Insurance reform bill into law

    FG warns against external interference, pledge adequate funding for PSC

    Trending Tags

  • Infotech
    NIMC partners online publishers to boost digital security through NIN enrollment

    NIMC partners online publishers to boost digital security through NIN enrollment

    Facebook set new monetization rules for creators who uses other people content

    Facebook set new monetization rules for creators who uses other people content

    Senate approves restoration of Aniocha North II State Constituency, Delta

    Bill mandating social media platforms to have physical office, records of employees pass second reading at the Senate

    Nigeria investigated  213 privacy breaches in 2024-NDPC

    Nigeria investigated 213 privacy breaches in 2024-NDPC

    FG begins construction of emerging technologies Institute in Kano

    FG begins construction of emerging technologies Institute in Kano

    MTN denies orchestrating poor network to influence FG, labour talk, apologizes for network fluctuations

    MTN shuns Labour-FG committee on tariff review, hike data tariff by 200%

  • World conflict & diplomacy
    Hamas accepts new Gaza truce plan – Official

    Hamas accepts new Gaza truce plan – Official

    Ukraine conflict: Trump and Putin end Alaska summit without deal

    Ukraine conflict: Trump and Putin end Alaska summit without deal

    Rwanda-backed rebels kill hundreds in DRC despite U.S.-sanctioned ceasefire

    Rwanda-backed rebels kill hundreds in DRC despite U.S.-sanctioned ceasefire

    Sudan claims army destroys Emirati aircraft, killing Colombian mercenaries

    Sudan claims army destroys Emirati aircraft, killing Colombian mercenaries

    UK prime minister back US military strikes on Iran ‘s nuclear sites

    UK prime minister back US military strikes on Iran ‘s nuclear sites

    Israel bombs Iran’s heavy water reactor, says state television

    Israel bombs Iran’s heavy water reactor, says state television

  • Security
    Fight against insurgency: Middle-belt Forum hail FG, Israel security pact

    Fight against insurgency: Middle-belt Forum hail FG, Israel security pact

    Police, Omatekun, confirms the kidnap of seven farmers in Ondo

    Fear of attack grips Kwara NYSC over suspicious movements around camp

    Nwifuru demands arrest of killers of 13 Ebonyi indigenes in Anambra

    Nwifuru demands arrest of killers of 13 Ebonyi indigenes in Anambra

    State police only solution to Benue killings, others- Adams

    State police only solution to Benue killings, others- Adams

    Female suicide bomber kills 24, injure  scores in Borno community

    Female suicide bomber kills 24, injure scores in Borno community

    Obi calls for immediate end to violence against Benue communities

    Obi calls for immediate end to violence against Benue communities

No Result
View All Result
  • Welcome
  • Special reports
    • All
    • Unedited for the record
    How MKO Abiola’s rift with editors inspired Newswatch magazine — Veteran journalist

    How MKO Abiola’s rift with editors inspired Newswatch magazine — Veteran journalist

    Fight against insurgency: Middle-belt Forum hail FG, Israel security pact

    Fight against insurgency: Middle-belt Forum hail FG, Israel security pact

    IGP orders probe into Amnesty International claims of extrajudicial killing, human rights violations in the South-east

    IGP orders probe into Amnesty International claims of extrajudicial killing, human rights violations in the South-east

    Insecurity in the South-east caused by Buhari’s clampdown on Pro-Biafra pretests-Amnesty International

    Insecurity in the South-east caused by Buhari’s clampdown on Pro-Biafra pretests-Amnesty International

    Economic crisis: Nigeria’s daily fuel consumption declines to 48 million litres

    Economic crisis: Nigeria’s daily fuel consumption declines to 48 million litres

    Tinubu appoint new CG fire service

    Paramilitary recruitment: 1.9m Nigerians justle for 30,000 slots amid escalating unemployment

  • Metro News
    Teachers, health workers strike,others:  Wike gets fresh ultimatum from FCT workers

    FCTA clears 1,000 shanties in Abuja district

    FCT set up committee to probe sales of FG houses, parks

    FCT set up committee to probe sales of FG houses, parks

    Imo government move to end open grazing in Owerri, issues two-week ultimatum to herders

    Imo government move to end open grazing in Owerri, issues two-week ultimatum to herders

    Lagos Assembly move to enact law to regulate house rents, agents, others

    Lagos Assembly move to enact law to regulate house rents, agents, others

    Teachers, health workers strike,others:  Wike gets fresh ultimatum from FCT workers

    Wike launch operation to flush street beggars, one- chance syndicate, others in FCT

    Teachers, health workers strike,others:  Wike gets fresh ultimatum from FCT workers

    Teachers, health workers strike,others: Wike gets fresh ultimatum from FCT workers

  • Latest News
    • All
    • Crime watch
    Court orders forfeiture of N246m shares linked to ex-army general

    Court orders forfeiture of N246m shares linked to ex-army general

    ITF mourns ex-DG, Prof. Olugbemiro Akerejola

    ITF mourns ex-DG, Prof. Olugbemiro Akerejola

    Tinubu orders  police removal from contributory pension scheme

    PenCom recovers over N4 billion from errant employers

    Fight against insurgency: Middle-belt Forum hail FG, Israel security pact

    Katsina gov calls for deployment of more ground troops, air operations against bandits

    Teachers, health workers strike,others:  Wike gets fresh ultimatum from FCT workers

    FCTA clears 1,000 shanties in Abuja district

    Tinubu signs Insurance reform bill into law

    FG warns against external interference, pledge adequate funding for PSC

    Trending Tags

  • Infotech
    NIMC partners online publishers to boost digital security through NIN enrollment

    NIMC partners online publishers to boost digital security through NIN enrollment

    Facebook set new monetization rules for creators who uses other people content

    Facebook set new monetization rules for creators who uses other people content

    Senate approves restoration of Aniocha North II State Constituency, Delta

    Bill mandating social media platforms to have physical office, records of employees pass second reading at the Senate

    Nigeria investigated  213 privacy breaches in 2024-NDPC

    Nigeria investigated 213 privacy breaches in 2024-NDPC

    FG begins construction of emerging technologies Institute in Kano

    FG begins construction of emerging technologies Institute in Kano

    MTN denies orchestrating poor network to influence FG, labour talk, apologizes for network fluctuations

    MTN shuns Labour-FG committee on tariff review, hike data tariff by 200%

  • World conflict & diplomacy
    Hamas accepts new Gaza truce plan – Official

    Hamas accepts new Gaza truce plan – Official

    Ukraine conflict: Trump and Putin end Alaska summit without deal

    Ukraine conflict: Trump and Putin end Alaska summit without deal

    Rwanda-backed rebels kill hundreds in DRC despite U.S.-sanctioned ceasefire

    Rwanda-backed rebels kill hundreds in DRC despite U.S.-sanctioned ceasefire

    Sudan claims army destroys Emirati aircraft, killing Colombian mercenaries

    Sudan claims army destroys Emirati aircraft, killing Colombian mercenaries

    UK prime minister back US military strikes on Iran ‘s nuclear sites

    UK prime minister back US military strikes on Iran ‘s nuclear sites

    Israel bombs Iran’s heavy water reactor, says state television

    Israel bombs Iran’s heavy water reactor, says state television

  • Security
    Fight against insurgency: Middle-belt Forum hail FG, Israel security pact

    Fight against insurgency: Middle-belt Forum hail FG, Israel security pact

    Police, Omatekun, confirms the kidnap of seven farmers in Ondo

    Fear of attack grips Kwara NYSC over suspicious movements around camp

    Nwifuru demands arrest of killers of 13 Ebonyi indigenes in Anambra

    Nwifuru demands arrest of killers of 13 Ebonyi indigenes in Anambra

    State police only solution to Benue killings, others- Adams

    State police only solution to Benue killings, others- Adams

    Female suicide bomber kills 24, injure  scores in Borno community

    Female suicide bomber kills 24, injure scores in Borno community

    Obi calls for immediate end to violence against Benue communities

    Obi calls for immediate end to violence against Benue communities

No Result
View All Result
Daily Intel Newspapers
No Result
View All Result
Support Us Support Us Support Us
Home Citizen reporter

Naira depreciation: Vehicle importation drops by 60.8%

Daily Intel Newspaper by Daily Intel Newspaper
July 26, 2024
Naira depreciation: Vehicle importation drops by  60.8%

#image_title

Share on FacebookShare on TwitterChat With Us Live

The number of vehicles imported into the country has fallen by 60.4 per cent, a quarterly meeting report of the Nigerian Port Consultative Council, NPCC, has stated.

The report said “Vehicle Traffic showed only a total 10,991 units of vehicles was handled during the period under review, indicating a drop of 60.8 per cent from 28,024 units in 2023.”

Similarly, the number of ships that called at the nation’s seaports fell by 4.3 per cent to 251 in H1’24 from 275 in H1’23.

But despite the drop in vessel calls, the Gross Tonnage of ships rose 6.9 per cent to 32.614 million metric tons in H1’24 from 30,504, 276 in H1’23

The report added that “The cargo throughput, excluding crude oil, stood at 21.186 million metric tons against 18.234 million metric tons in 2023 indicating an increase of 16.1 per cent.

“Inward cargo traffic reached 13.563 million metric tons representing a 10.5 of cargo throughput in 2023. Outward cargo traffic was 7.6234 million metric tons, representing 27.7 per cent.

“Container traffic for the period under review stood at 398,447 between January and June showing an increase of 2.3 percent from 389,303 Twenty Foot Equivalent Units, TEUs handled in 2023.

“A further analysis of container traffic revealed that import containers accounted for 3.4 per cent with 198,415 TEUs while export container traffic stood at 195,106 TEUs representing a decrease of 1.2 percent of total container traffic.

“A breakdown of export container traffic revealed that empty containers accounted for about 36.3 per cent of total export container traffic. The average turn-around time of vessels was 4.6 days, compared with 5.1 days in 2023. The significant improvement in average turn-around time for vessels was brought about by the impact of the Lekki Deep Sea Port which achieved an average turn-around of only one day.

“The increase in Gross Registered Tonnage, GRT, despite the drop in the number of vessel calls revealed the berthing of bigger vessels, especially at Lekki Port where the average GRT of vessels is 3,801,191. This further gives credibility to the importance of a deep seaport to the Nigerian maritime or port development.

“Therefore, the collective efforts of all stakeholders are required to ensure that Lekki Deep Seaport does not suffer the same fate as Apapa for ease of cargo evacuation.”

Share186Tweet117SendShare
Support Us Support Us Support Us
Daily Intel Newspaper

Daily Intel Newspaper

Next Post
3rd Republic ex-lawmakers storm NASS, kick against nationwide protests

3rd Republic ex-lawmakers storm NASS, kick against nationwide protests

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR POST

  • CBN directs Moniepoint, others to stop registering new customers

    CBN gives Moniepoint, OPay, others go ahead to onboard new customers

    791 shares
    Share 316 Tweet 198
  • South-East importers, exporters threaten strike over Nigerian Shippers’ Council’s 200% rates hike

    649 shares
    Share 260 Tweet 162
  • BREAKING: President Tinubu approves the reappointment of Adaji as DG of NBC

    634 shares
    Share 254 Tweet 159
  • Nigeria’s foreign reserves records $1.8bn fall in two months

    543 shares
    Share 217 Tweet 136
  • How Imo Chief Judge Theresa Chikeka falsified age, refuse to retire | Opinion by Odinkalu

    532 shares
    Share 213 Tweet 133

STAY CONNECTED

Follow Us

Categories

  • Aviation
  • Business
  • Citizen reporter
  • Corruption
  • Crime watch
  • Culture
  • Document
  • Education
  • Entertainment
  • Exclusive
  • Featured
  • Finance & economy
  • Foreign News
  • Health
  • Human rights & the people
  • Infotech
  • Interviews
  • Investigation
  • Judiciary
  • Latest News
  • Maritime
  • Metro News
  • News
  • Oil & gas
  • Opinion
  • Politics
  • Promoted
  • Science & Technology
  • Security
  • Special reports
  • Special updates
  • Sports
  • Unedited for the record
  • World conflict & diplomacy

LATEST NEWS

Court orders forfeiture of N246m shares linked to ex-army general

Court orders forfeiture of N246m shares linked to ex-army general

August 26, 2025
ITF mourns ex-DG, Prof. Olugbemiro Akerejola

ITF mourns ex-DG, Prof. Olugbemiro Akerejola

August 26, 2025
  • About Us
  • Advertise With Us
  • Contact Us
  • Donate

© 2025 All Rights Reserved Daily Intel Newspapers

No Result
View All Result
  • Home
  • Special reports
  • Special updates
  • World conflict & diplomacy
  • Infotech
  • Metro News
  • Latest News
    • Human rights & the people
    • Unedited for the record
    • Judiciary
  • Finance & economy
  • Exclusive
  • Security
  • Document
  • Education
  • Entertainment
  • Infotech
  • Investigation
  • Science & Technology
  • Aviation
  • Sports
  • Business
  • Culture
  • Finance & economy
  • Foreign News
  • Health
  • Corruption
  • Promoted
  • Crime watch

© 2025 All Rights Reserved Daily Intel Newspapers

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In