There appears to be palpable tension among freight forwarding practitioners in the nation’s maritime sector over the tax implementation that kicked-off on Thursday, January 1, 2026. Some agents who spoke with newsmen explained that some shipping lines have already started holding meetings over possible fare increases. Starting January 1, 2026, the Federal Government will implement a comprehensive overhaul of the country’s tax system. These reforms are among the most significant in decades and aim to simplify taxation, promote growth, expand compliance, and ease burdens on low-income earners. The reform is…
Read MoreTax reforms spark tension, as shipping lines plan hikes
