• About
  • Advertise
  • Contact
Sunday, March 15, 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

FAAC Disburses N1.894trn February Revenue To FG, States, LGs

Ex- Super Eagles Player, Henry Nwosu Dies At 62

Terrorists Abduct Woman, Two Children In Kwara Community, Injure Elderly Woman

Insecurity : Ogun Govt Engages Fulani Leaders, Security Chiefs To Strengthen Peace, Security

“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 Cancels Independence Anniversary Parade
Economy

FAAC Disburses N1.894trn February Revenue To FG, States, LGs

March 14, 2026
Ex- Super Eagles Player, Henry Nwosu Dies At 62
Football

Ex- Super Eagles Player, Henry Nwosu Dies At 62

March 14, 2026
Terrorists Abduct Woman, Two Children In Kwara Community, Injure Elderly Woman
News

Terrorists Abduct Woman, Two Children In Kwara Community, Injure Elderly Woman

March 13, 2026
Insecurity : Ogun Govt Engages Fulani Leaders, Security Chiefs To Strengthen Peace, Security
News

Insecurity : Ogun Govt Engages Fulani Leaders, Security Chiefs To Strengthen Peace, Security

March 12, 2026
Rights Activists, Adeyanju, Accuses Powerful Elements Of Sabotaging  Tompolo’s War On Oil Theft, Environmental Pollution
Environment

Rights Activists, Adeyanju, Accuses Powerful Elements Of Sabotaging Tompolo’s War On Oil Theft, Environmental Pollution

March 12, 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

Dangote Lauds Lagos Govt. On Consumer Rights Advocacy

Dangote Lauds Lagos Govt. On Consumer Rights Advocacy

2 years ago

2023 Elections : INEC to stop online registration in April

4 years ago
President Tinubu Suspends Halima Sheu , CEO Of NSIPA

President Tinubu Suspends Halima Sheu , CEO Of NSIPA

2 years ago

Ubani calls for change in economic management to protect foreign reserve, Naira value

4 years 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

President Tinubu Establishes Task Force On Petroleum Reform, Value Optimisation, Appoints Fola Adeola As Chairman

Terrorists Abduct Woman, Two Children In Kwara Community, Injure Elderly Woman

Group Urges President Tinubu To Resist Pressure To Cancel Tompolo’s Pipeline Surveillance Contract

Tinubu’s Royal Visit And Nigeria’s Reawakening On The Global Stage By Jude Obioha

National Handball Player, Dorothy Elijah Dies, HFN President, Jibril Ojih Mourns

Insecurity : Ogun Govt Engages Fulani Leaders, Security Chiefs To Strengthen Peace, Security

Trending

Issues In President Tinubu’s UK State Visit By Temitope Ajayi
Opinion

Issues In President Tinubu’s UK State Visit By Temitope Ajayi

by Vital News
March 14, 2026
0

Issues In President Tinubu’s UK State Visit By Temitope Ajayi President Bola Tinubu will land at the...

FG Cancels Independence Anniversary Parade

FAAC Disburses N1.894trn February Revenue To FG, States, LGs

March 14, 2026
Ex- Super Eagles Player, Henry Nwosu Dies At 62

Ex- Super Eagles Player, Henry Nwosu Dies At 62

March 14, 2026
President Tinubu Establishes Task Force On Petroleum Reform, Value Optimisation, Appoints Fola Adeola As Chairman

President Tinubu Establishes Task Force On Petroleum Reform, Value Optimisation, Appoints Fola Adeola As Chairman

March 13, 2026
Terrorists Abduct Woman, Two Children In Kwara Community, Injure Elderly Woman

Terrorists Abduct Woman, Two Children In Kwara Community, Injure Elderly Woman

March 13, 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

  • Issues In President Tinubu’s UK State Visit By Temitope Ajayi March 14, 2026
  • FAAC Disburses N1.894trn February Revenue To FG, States, LGs March 14, 2026
  • Ex- Super Eagles Player, Henry Nwosu Dies At 62 March 14, 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