• About
  • Advertise
  • Contact
Thursday, August 21, 2025
  • 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

FG Empowers Colleges Of Education To Offer NCE, Degree Programmes Without University Affiliation

Presidency Confirms Appointment Of Rotimi Pedro As New DG Of NTA, Three Executive Directors

Nigeria’s Consul General In Cameroun, Taofiq Coker Is Dead

Ladoja To Be Install 44th Olubadan Sept. 26

“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

FG Empowers Colleges Of Education To Offer NCE, Degree Programmes Without University Affiliation
Education

FG Empowers Colleges Of Education To Offer NCE, Degree Programmes Without University Affiliation

August 20, 2025
Tinubu Appoints Rotimi Pedro, Founder Of OSMI As New DG Of NTA
National

Presidency Confirms Appointment Of Rotimi Pedro As New DG Of NTA, Three Executive Directors

August 20, 2025
Nigeria’s Consul General In Cameroun, Taofiq Coker Is Dead
National

Nigeria’s Consul General In Cameroun, Taofiq Coker Is Dead

August 20, 2025
Ibadan High Chiefs Meet To Deliberate, Nominate Ladoja As 44th Olubadan of Ibadanland
Culture

Ladoja To Be Install 44th Olubadan Sept. 26

August 20, 2025
PBAT Door-to-Door Movement Extends Condolences To APC National Chairman Over Mother’s Death
News

PBAT Door-to-Door Movement Extends Condolences To APC National Chairman Over Mother’s Death

August 20, 2025
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

ECOWAS Plans Standby Force To Counter Terrorists, Promises To Ease Sanctions On Niger Republic If …..

Nigeria’s Credit-rating Bounce And President Tinubu’s Reforms by Fredrick Nwabufo

2 years ago
TCN Confirms Receiving 7 New Power Transformers

53 Stolen NIPP Electrical Transformers Intercepted In Kogi , Gov. Ododo Lauds Security Agents

1 year ago

AfDB To Provide $12.5bn For Africa Adaptation Programme

3 years ago
NDLEA Arrests 14, 480 Suspects, Seizes  2.4million kg Illicit Drugs In 10 months – Marwa

NDLEA Arrests Two Pilgrims Heading To Saudi Arabia With Cocaine

3 months 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
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

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

Highlights

Nigeria’s Consul General In Cameroun, Taofiq Coker Is Dead

Explainer : How INEC Declares LP Candidate Serving Jail Term Winner Of Enugu Assembly Rerun Election

Ladoja To Be Install 44th Olubadan Sept. 26

PBAT Door-to-Door Movement Extends Condolences To APC National Chairman Over Mother’s Death

Ogun APC Suspends Senator Gbenga Daniel, Kunle Folarin Indefinitely For Anti-party

Lagos Loses Another Female Councillor, Zainab Shotayo, Second In One Week

Trending

FG Empowers Colleges Of Education To Offer NCE, Degree Programmes Without University Affiliation
Education

FG Empowers Colleges Of Education To Offer NCE, Degree Programmes Without University Affiliation

by Vital News
August 20, 2025
0

The Federal Government has given Colleges of Education nationwide the go ahead to start offering both National...

Court Berates EFFC Over Disregard For Rule Of Law, Orders Immediate Release Of Aisha Achimugu

EFCC Arrests Deputy Vice Chancellor, Bank MD, Two Catholic Sisters Over N1.2bln Loan Fraud

August 20, 2025
Tinubu Appoints Rotimi Pedro, Founder Of OSMI As New DG Of NTA

Presidency Confirms Appointment Of Rotimi Pedro As New DG Of NTA, Three Executive Directors

August 20, 2025
Nigeria’s Consul General In Cameroun, Taofiq Coker Is Dead

Nigeria’s Consul General In Cameroun, Taofiq Coker Is Dead

August 20, 2025
Explainer : How INEC Declares LP Candidate Serving Jail Term Winner Of Enugu Assembly Rerun Election

Explainer : How INEC Declares LP Candidate Serving Jail Term Winner Of Enugu Assembly Rerun Election

August 20, 2025
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

  • FG Empowers Colleges Of Education To Offer NCE, Degree Programmes Without University Affiliation August 20, 2025
  • EFCC Arrests Deputy Vice Chancellor, Bank MD, Two Catholic Sisters Over N1.2bln Loan Fraud August 20, 2025
  • Presidency Confirms Appointment Of Rotimi Pedro As New DG Of NTA, Three Executive Directors August 20, 2025

Categories

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