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NPA Cancels $2.6bn Contract For Badagry Deep Seaport

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

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

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

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 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...

FG Agencies Defy Presidential Order at Ports

FG Agencies Defy Presidential Order at Ports The Nigerian Ports Authority (NPA) is seeking the intervention of Vice President Yemi Osinbajo over non-compliance by some government agencies with the Presidential Order on the Ease of Doing Business at Ports. The Managing Director of NPA, Ms...