Tag: NPA

Economists and policy analysts are sharply divided over the real benefits of the £746 million (about $991 million) export finance guarantee extended by the United Kingdom to Nigeria for the rehabilitation of key port infrastructure in Lagos.

Nigeria’s maritime sector recorded a 24.8% surge in cargo throughput in 2025, rising from 103.6 million metric tonnes in 2024 to 129.3 million metric tonnes, according to the Nigerian Ports Authority’s (NPA) latest operational report.

Cargo traffic at Lagos ports has surged, with the Nigerian Ports Authority (NPA) reporting that 18 vessels are scheduled to berth at Apapa and Tin Can Island Ports this week, carrying a mix of containers, bulk commodities, petroleum products, and general cargo.

The Nigerian Ports Authority (NPA) has earmarked a revenue generation target of N1.28tn in 2025. This is up from the N894.86bn it realised in 2024.

Aliko Dangote, president of the Dangote Industries Limited, says the company will soon start exporting coal out of Nigeria.

Storm at Ports: NPA Rocked by $25m, N160m Scandals   The Nigerian Ports Authority (NPA) has come under intense scrutiny following allegations detailing a deep-rooted culture of corruption, operational inefficiency, and political interference within the agency. According to insider revelations obtained by Economic Confidential, senior officials at...