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Vessel Traffic Increases at Lagos Port Despite Forex Challenges

Vessel Traffic Increases at Lagos Port Despite Forex Challenges   Despite the fluctuating exchange rate and other operational challenges, vessel activities have recorded a significant surge at Lagos port in the past week. The Nigerian Ports Authority(NPA)'s Daily Shipping Position between March and date showed that since...

Operators Blame Forex as Vehicle Import Crashes by 61%

Operators Blame Forex as Vehicle Import Crashes by 61%   The importation of vehicles into Nigeria dropped from 28,024 units in the first quarter of 2023 to 10,991 units in the same quarter of 2024, representing a 60.8 per cent decrease, a document by the Nigerian...

NPA Evacuates Overtime Cargoes at Ports

NPA Evacuates Overtime Cargoes at Ports The Nigerian Ports Authority (NPA) has announced it's decision to commence the evacuation of overtime cargoes at the ports. A statement by NPA said that the moves to evacuate over time cargoes at the ports were intensified when the Permanent...

TinCan Ports: NPA Strengthens Security, Restrict Access

TinCan Ports: NPA Strengthens Security, Restrict Access The Nigerian Ports Authority says it has strengthened security at TinCan Island ports with the erection of a concrete fence and the installation of an automated access control gate. The Managing Director of NPA, Mohammed Bello-Koko, said revealed this recently...

NPA Remits N490bn To FG In 11 Years

NPA Remits N490bn To FG In 11 Years   The Nigerian Ports Authority (NPA) said it remitted N490.229bn into the Consolidated Revenue Fund of the Federal Government between 2011 and 2022. The Managing Director of NPA, Mohammed Bello-Koko, while addressing journalists at the agency’s head office in...

Reps To NPA: Resolve $753m, N1.61bn Debts Immediately

Reps To NPA: Resolve $753m, N1.61bn Debts Immediately   The House of Representatives’ Committee on Public Accounts, on Tuesday, ordered the Nigerian Ports Authority to immediately call a meeting with firms operating Nigeria’s ports to determine their actual indebtedness to the Federal Government. This is based on...