Four Nigeria Seaports To Undergo Rehabilitation   The federal government is currently in discussion with the World Bank and others, on how to embark on the rehabilitation of four of its major seaports. According to Daily Trust report, World Bank, the International Finance Corporation and the Afri-Exim...

Panel To Probe NPA's Suspended MD For Inauguration Today       The Federal Government may on Monday (today) inaugurate a panel to investigate Nigerian Ports Authority under suspended managing director, Hadiza Bala-Usman. Economic Confidential had earlier reported that President Muhammadu Buhari was probing the alleged non-remittance of N165.32bn...

NPA Records 6.6% Fall In Vessel Call     Reflecting the impact of the COVID-19 pandemic on the maritimes sector, the number ships that sailed into the nation’s port (vessel call) fell by 6.6 per cent, year-on-year, (y/y) to 3972 in 2020 from 4251 in 2019. Similarly, the...

Wheat, Sugar Lead Import For January, 2021         There are indications that the confectionary industry will experience a boom in the first quarter of 2021 as wheat, the major condiment for bread and other confectionaries, is leading the import chart with a total of 178,358 metric...

We Lost N1bn To #EndSARS Protests - NPA         The Managing Director of the Nigerian Ports Authority, Hadiza Bala-Usman, told the Senate on Monday that the agency lost more than N1bn when some unidentified people vandalised its facilities during the recent #EndSARS protests in October this...

NPA Generated N291bn Revenue In 10 Months       The Nigerian Ports Authority generated N291bn revenue between January to October 2020. This was disclosed by the Managing Director, Hadiza Bala-Usman, in a television programme on Thursday. Usman noted that the revenue of N291bn was in contrast to the N298bn...