HeadlinesPorts Management CRFFN earns N500 million from POF in five months. By maritimemag January 22, 2022 ShareTweet 0 Segun Oladipupo The Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) is said to have made a whooping sum of five hundred million naira(N500m) from Practitioners Operating Fee (POF) between July and November, 2021, a stakeholder has claimed. Recall that the fee had generated a lot of furore between the regulatory agency and freight forwarders as some said they would not pay the fee which they described as a fraud. The Minister of Transportation, Hon. Chibuike Rotimi Amaechi had directed that the fee be collected through the help of terminal operators for ease but despite that, some freight forwarders claimed that the Council had not made any impact in the industry which would warrant it to collect any fee. Speaking on the fact that the Council has no excuse for not performing its statutory roles, especially in training of freight forwarders, Godfrey Nwosu, leader of Africa Association of Professional Freight Forwarders and Logistics (APFFLON), Tincan Chapter stated that apart from the N2.8 billion budget allocated to the Council in the outgone year, it made a whooping five hundred million between when the collection commenced and November, 2021. He added that the Council did not perform up to forty percent last year owing to the calibre of the persons occupying the Council’s governing seat Lamenting, Nwosu said that the members of the governing council did not make any legislation in the industry until the expiration of their term which he said was a failure. “We are all aware of the budgetary allocations to the Council, unless the Council comes out to tell us that the money allocated to it was not disbursed “As at last year,about N2.8 to N2.9 billion was allocated to the Council. They should defend it and mind you, the ICPC invited the Registrar last year and the outcome of the invitation we don’t know up till now. “They claim that they have offices in Abuja, Calabar, but no such structures exist. “As at the last time I checked, POF has hit close to N500 million by November last year and imagine if everybody pays.” © 2022, maritimemag. All rights reserved.