According to Mohammed Bello Koko, the Managing Director and Chief Executive Officer of the Nigerian Ports Authority (NPA), the effective operations of Nigeria’s ports and the maritime industry have improved its revenue generation.
The Federal Ministry of Marine and Blue Economy has reported an increase in revenue for the first quarter of 2024, with N242 billion compared to N126 billion recorded in the same period in 2023, indicating an increase of 92 per cent.
NPA Rakes In N191bn Revenue In Six Months
The Nigerian Ports Authority (NPA) has said 1,852 vessels completed operations in the first half of 2023.
The authority said it generated N191.4bn as revenue within the period under review.
It added that N55.7bn was remitted to the consolidated...
NPA Upgrades Harbour Operations to Increase Investment
The Nigerian Ports Authority (NPA) has commenced upgrades to its infrastructure and equipment to improve communications with visiting vessels and reduce vessel turnaround times.
Speaking, yesterday, at the commissioning of its Control Tower at the Apapa Port Complex, NPA’s...
Fed Govt To Build Another Seaport In 2026 – NPA
The Federal Government is planning to set up another deep seaport in the next three to four years, the Nigerian Ports Authority has disclosed.
The Managing Director of NPA, Muhammad Bello-Koko, said in an interview with...
Federal Government Okays Pay Rise For NPA Workers
Members of staff of the Nigerian Ports Authority (NPA) have expressed excitement over the approval of a pay rise by the Federal Government for them.
The Deputy Secretary General of the Maritime Workers Union of Nigeria, Erazua Oniha,...
