• About
  • Advertise
  • Contact
Sunday, February 1, 2026
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home News

32 years After, NPA Increases Tariffs By 15%

Vital News by Vital News
February 9, 2025
in News, Transport
0
NIWA Targets N34.39bln Revenue In 2025
Share on FacebookShare on Twitter

The Nigeria Ports Authority (NPA) says it is reviewing its charges upward by 15 per cent, citing a need for competitiveness and infrastructural upgrades.

The Managing Director of the NPA, Dr Abubakar Dantsoho, made this known during a maritime stakeholders’ meeting held in Lagos.

He said that this was the first time the Nigeria Ports Authority would be reviewing its rates since 1993.

Dantsoho, who was represented by Mr Olalekan Badmus, Executive Director, Marine and Operation, said the authority was compelled by the exigency of bringing Nigerian ports up to speed with those of its peers globally in terms of infrastructure and equipments.

He said : “Though, the NPA rates review has already been approved by the Federal Government, but the management decided to meet with stakeholders on the issue out of the desire to carry everyone along.

RelatedStories

Socialite Businessman And Advertising Mogul, Chief Olu Falomo Dies At 87

President Tinubu Returns To Nigeria After State Visit To Turkiye

Youth Leadership, Integrity Key To Nigeria’s Future – Gen. Alabi Isama Tells Unilorin Students

Ogun, World Bank, Invest Over ₦5bln in Women Empowerment, Economic Recovery — Gov. Abiodun

“The 15 per cent upward review which is to cut across all NPA rates and dues is premised on the urgent need to address the undesirable reality of aged and weak infrastructure.

“We need to address obsolete equipment and slow port capacity expansion which has continued to diminish performance and, indeed, competitiveness of Nigerian ports.

“Port authorities depend on revenue from operations to stay alive to their responsibilities which include construction and maintenance of port infrastructure.

“Other responsibilities are dredging of channels, provision of aids for safe navigation, provision of modern marine crafts for efficient harbour services,
automation and digitisation of port transactions, port security, energy efficiency and training and retraining of its employees,” Dantsoho said.

Also speaking, a Maritime Stakeholder, Mr Joshua Asanga, concerned about the increment, said that the value of NPA’s present tariff had been suppressed by inflation, which was at about 35 per cent.

Asanga listed port management liabilities like wages, fuel and other areas of expenditure as having adjusted upwards without a commensurate rise in NPA charges for over 30 years.

He noted that NPA needed funds for improved port infrastructure, robust Information and Communication Technology (ICT) for Port Community System, procurement of tug boats and other operational platforms to achieve efficiency.

Another stakeholder, Mr Demian Ukagu, spoke on the need to apply more NPA funding to outer port facilities and jetties like the Kirikiri Lighter Terminal and development of other critical port facilities across the country.

He noted that NPA rates should be able to cover these costs that would guarantee minimum return on investment and promote sustainable trade.

The meeting agreed that existing tariffs were set devoid of capital cost, labour cost, consumables and overhead expenditures needed to run the ports.

The meeting was attended by terminal operators, bonded terminal operators and other ports users. (vitalnewsngr.com)

Tags: maritimeNPAportsTariffs
Previous Post

Kogi Govt, Poral Film Sign MoU For Establishment Of Television Station

Next Post

TMSG Hails Ban On Export Of Crude Meant For Local Refining

Vital News

Vital News

RelatedStories

Socialite Businessman And Advertising Mogul, Chief Olu Falomo Dies At 87
Culture

Socialite Businessman And Advertising Mogul, Chief Olu Falomo Dies At 87

February 1, 2026
ADSW2026 :  President Tinubu Back In Nigeria
National

President Tinubu Returns To Nigeria After State Visit To Turkiye

January 31, 2026
Youth Leadership, Integrity Key To Nigeria’s Future – Gen. Alabi Isama Tells Unilorin Students
National

Youth Leadership, Integrity Key To Nigeria’s Future – Gen. Alabi Isama Tells Unilorin Students

January 30, 2026
Ogun, World Bank, Invest Over ₦5bln in Women Empowerment, Economic Recovery — Gov. Abiodun
Economy

Ogun, World Bank, Invest Over ₦5bln in Women Empowerment, Economic Recovery — Gov. Abiodun

January 29, 2026
Dangote Cement Unveils FairPlay Initiative To Ignite Safety Culture Transformation In Ibese Plant
Business

Dangote Cement Unveils FairPlay Initiative To Ignite Safety Culture Transformation In Ibese Plant

January 29, 2026
Next Post
Drop In Petroleum Products Importation Indicates Nigeria’s Emergence As New Global Economic Power -TDF

TMSG Hails Ban On Export Of Crude Meant For Local Refining

World Interfaith Harmony Week : Journalists Urged To Promote Inter-religious Dialogue

World Interfaith Harmony Week : Journalists Urged To Promote Inter-religious Dialogue

Calabar Female Medical Doctor Jailed Seven Years For N127mln Fraud

Calabar Female Medical Doctor Jailed Seven Years For N127mln Fraud

Leave a Reply Cancel reply

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

Follow Us

Recommended

Kogi HoS, Evinemi Condoles Families Of Deceased FUL Students, University Community

Kogi HoS, Evinemi Condoles Families Of Deceased FUL Students, University Community

12 months ago
FG To Raise N1.76trillion Through Sale Of Treasury Bills In Q3, 2025

FG To Raise N1.76trillion Through Sale Of Treasury Bills In Q3, 2025

7 months ago
Sex Workers Drag Ondo Man To Court For Paying With Fake Alert

Ogun Election Tribunal : PDP Witnesses Admit Contradiction In Signatures

3 years ago
Nigeria’s Chief Of Army Staff, Gen. Taoreed Lagbaja Dies At 56

Nigeria’s Chief Of Army Staff, Gen. Taoreed Lagbaja Dies At 56

1 year ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election FG Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu troops US
No Result
View All Result

Highlights

Socialite Businessman And Advertising Mogul, Chief Olu Falomo Dies At 87

President Tinubu Returns To Nigeria After State Visit To Turkiye

Aftermath Of N5.8BLN Renovation by Gov. Makinde, NPFL Declares Lekan Salami Stadium Unsuitable To Host League Matches

Dangote, China’s XCMG Seal Strategic Partnership On Infrastructure, Mining, Green Equipment

We Did Not Shift For Power, But For Purpose – Gov. Agbu Kefas, Decamps To APC Officially

FG Hands Over Ikere Gorge Hydropower Plant To Concessionaire

Trending

2027 : PDP Vows To Return To Power In Kogi, Moves To Woo Back Defectors To APC, ADC
Politics

PDP Remains Answer To Nigeria, Kogi Challenges, Says Gambo, Kogi Chairman,

by Vital News
February 1, 2026
0

The Chairman of Kogi State PDP, Hon. Muhammed Sanni Gambo, has reaffirmed the party's commitment to inclusivity...

Police Begin Manhunt For Killers Of Three Officers, Two Vigilante In Kogi

Police Arrest Seven Suspects Over Killing Of Five Forest Rangers At Old Oyo National Park

February 1, 2026
Bandits Kill 7 Persons In Katsina

Bandits Attack Passenger Bus In Kogi, Kill Five, Abduct Several Others, Four Missing

February 1, 2026
Socialite Businessman And Advertising Mogul, Chief Olu Falomo Dies At 87

Socialite Businessman And Advertising Mogul, Chief Olu Falomo Dies At 87

February 1, 2026
ADSW2026 :  President Tinubu Back In Nigeria

President Tinubu Returns To Nigeria After State Visit To Turkiye

January 31, 2026
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • PDP Remains Answer To Nigeria, Kogi Challenges, Says Gambo, Kogi Chairman, February 1, 2026
  • Police Arrest Seven Suspects Over Killing Of Five Forest Rangers At Old Oyo National Park February 1, 2026
  • Bandits Attack Passenger Bus In Kogi, Kill Five, Abduct Several Others, Four Missing February 1, 2026

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

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