FG Considers Ondo State for Deep Seaport Project
The efforts of the Ondo State Governor, Oluwarotimi Akeredolu (SAN) towards developing a deep seaport in the riverine areas of the state appear to have paid off as the Federal Government has finally agreed to open discussions...
NPA Cancels $2.6bn Contract For Badagry Deep Seaport
The Nigerian Ports Authority has cancelled the contract for the $2.6bn Badagry deep seaport project, stating that the deep seaport master plan was wrongly done. This is even as the agency explained that it had begun the...
Lawmakers, NPA Differ On Revenue Loss At Ports
The House of Representatives and the Nigerian Ports Authority have disagreed on the cause of the reduction in the number of cargoes arriving the country and the drop in revenue generated at the ports.
The Managing Director of...
Reps Charge NPA, NNPC Others Over Unremitted FG Revenues
The House of Representatives has accused Federal Government’s ministries, departments and agencies of failing to follow the Treasury Single Account policy, leading to revenue leakages.
The House said it had discovered that over $900m was still “being...
New Seaports Underway To Ease Apapa Gridlock, NPA Says
Nigeria is building a new deep-seaport and considering two additional facilities to ease congestion at Apapa seaports, which currently handle about 80 per cent of all shipping traffic in the country.
A new facility is already under...
Senators Disagree over Alleged Non-remittance of NPA’s N177bn Operational Surplus
Senators were sharply divided Wednesday over the authenticity or otherwise of the alleged non remittance of N177billion operational surplus made by the Nigerian Ports Authority ( NPA) into the consolidated federation account.
As the Senate resumed...