The Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) has set its sight on new revenue-generating avenues, aside the Practitioners Operating Fee (POF), in order to raise a robust revenue options.
Speaking with the Nigerian Tribune exclusively, the Registrar/Ceo of the Council, Mr. Igwe Kingsley, explained that the new initiatives alongside the POF will enhance the revenue scope and needs of the council.
According to the CRFFN Registrar/Ceo, “Yes, the Council has been bailed out by the Ministry of Marine and Blue Economy in recent times, therefore, we are launching new initiatives outside the POF to improve the council’s revenue drive.
“We will improve the POF collection and strategy and also deploy new initiatives to enhance our revenue scope and needs.
“The new initiatives include deployment of new avenues of generating revenues and expanding the revenue scope of the Council. We have potential to grow not only by POF. There are other regulatory opportunities that the agency has and we will be exploring all of that to ensure the Council does not rely on the POF alone for revenue growth.”
On divisions in the freight forwarding industry, the CRFFN Registrar/Ceo, explained that, “The freight logistics industry in Nigeria faces a complex array of challenges which can be summarised into poor representation, share identity denial and lack of genuine acceptance at all levels, yet it also presents remarkable opportunities.
“Additionally, there is a significant gap in the capacity building for freight forwarders in core professional areas of practice. This gap reflects a lack of investment in training, knowledge development, and skill enhancement that could enable these professionals to adapt to evolving industry demands, regulatory changes, and technological advancements.
“The industry has not fully leveraged opportunities for continuous professional development, standardized practices, and innovative solutions that could enhance efficiency, compliance, and competitiveness.
“Addressing this challenge requires a concerted effort to prioritize education, mentorship, and resource allocation to unlock the full potential of freight forwarders and their critical role in national logistics service administration.
“The aforementioned would not be achieved if there is still division amongst us. We all know how the freight logistics sector has suffered so much in Nigeria and CRFFN being the statutory unifying body has suffered the most since inception.”
“By now, CRFFN should have grown like her sister agencies as NPA, NIMASA and Nigeria Shippers Council. Now that we, the practitioners have taken over, the opportunity has come. The peace of doing business and the benefits of our hard work are now in our hands. We must all be united at all front to achieve the desired results as the world is watching us.”
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