Car Importation Revenue Drops By 20% — NPA   The Nigerian Ports Authority said on Thursday that revenue on car importation into the country dropped by 20 per cent this year, a fallout of the Federal Government’s Automobile Policy. It warned that the revenue dip was a...

We deployed N1bn Equipment In Calabar Port - NPA   The management of the Nigerian Ports Authority says it has concluded plans to deploy equipment worth over N1bn in the Calabar Port, in Cross River State. The measure, according to the Managing Director, NPA, Ms Hadiza Usman,...

In Two Years, NPA Generated Over $160m At Rivers Port     The Nigerian Ports Authority (NPA) generated over $160 million and N2.5 billion from the Rivers port between 2016 and last year, it was learnt. A senior official of the Federal Ministry of Finance (FMoF) told The...

TSA: NPA Gives Intels 2 Weeks Ultimatum On $48m Debt The Nigerian Ports Authority (NPA) has ordered Intels Nigeria Limited (Intels) to pay an outstanding $48 million debt into the maritime agency’s Treasury Single Account (TSA) within two weeks. The Managing Director, NPA, Mrs. Hadiza...

The export of Liquefied Natural Gas (LNG) from Nigeria to China, Turkey, India and other countries has risen over the last six months. Also, the Nigeria Liquefied Natural Gas (NLNG) has replaced six of its 23 vessels to boost gas shipping across the globe. Other importers...

A study by a leading accounting firm, Akintola Williams Deloitte, showed that the Nigeria Customs Service (NCS) processes are responsible for about 82.1 per cent of the charges incurred by consignees. Specifically, the accounting firm blamed the high cost of doing business at the nation’s...