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NNPC remitted N14.7tn to FG in 2025 –

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Nigeria records $21bn capital inflows in 2025

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Tag: NPA

Reps reject 178bn NPA bad debt petition
News

Reps reject 178bn NPA bad debt petition

The Nigerian Ports Authority’s managing director, Mohammed Bello-Koko, has been cleared of all charges of bad debt totaling N178 billion that were reported in the authority’s 2019 audited financial statement by the House of Representatives. According to The PUNCH, the accusations were refuted by the Chairman of the House Committee on Public Petitions, Mike Etaba, […]

Exchange rate for cargo clearance hits N1605.8/$1
Maritime

Exchange rate for cargo clearance hits N1605.8/$1

The Central Bank of Nigeria has adjusted the exchange rate for customs clearance at ports, raising it from N1537.07 to N1605.82 per USD, marking an increase of N68.75. This update is in response to market conditions, with the CBN and Nigeria Customs Service adapting the exchange rate for cargo clearance three times within the past […]

Maritime workers threaten strike over proposed revenue deduction
News

Maritime workers threaten strike over proposed revenue deduction

Maritime workers have cautioned of a possible nationwide strike if the Federal Government proceeds with its intention to implement a 50% automatic deduction from the revenue generated by the Nigerian Ports Authority. This warning was conveyed through a joint statement issued in Lagos by the Senior Staff Association of Statutory Corporations and Government-Owned Companies, along […]

Why importers abandon cargoes in Nigerian ports
Business

Customs, NPA plan synergy to track export cargoes

Juliet Buna The Nigeria Customs Service has said there is a need to form a joint team with the Nigerian Ports Authority to redefine export activities through the installation of trackers. This was contained in a statement by the acting Comptroller General of Customs, Adewale Adeniyi. He also expressed commitment to enhancing the output of […]

NPA, Lagos LG partner to enhance water supply
Business

NPA, Lagos LG partner to enhance water supply

The Nigerian Ports Authority and the Apapa Local Council Development district of Lagos State have joined forces to improve water supply in the state’s Apapa district. The statement was made during the second year in an office performance review meeting in Lagos by the Chairman of the Apapa Local Council Development Area of Lagos State, […]

NIMASA, Sternula collaborate on vessel communication
Business

NIMASA moves mobile floating dock to NPA’s Continental Shipyard

The Nigerian Maritime Administration and Safety Agency, has taken over areas at the Continental Shipyard that the Nigerian Ports Authority had leased to it for the purpose of running the modular floating dock. According to Vanguard, the sites comprise but are not restricted to, the dolphin jetty, the waterfront of the jetty adjoining the slipway, an […]

Barge operators decries NPA's dollar charges
Business

Barge operators decry NPA’s dollar charges

The Barge Operators Association of Nigeria has bemoaned the negative effects of dollar fees levied at the port by the Nigerian Port Authority. According to Vanguard, the Nigerian Shippers Council, claim that dollar charges are illegal under Nigerian law. These issues were brought up at a breakfast meeting in Lagos to inaugurate the newly elected executives of the […]

Onne Port records vessel traffic surge, says NPA
Ports and Airports

NPA seeks further PPP deals for renovation of TinCan Port

The Nigerian Port Authority announced that it is looking for more Public Private Partnership to fix up the infrastructure at Tincan Island Port. According to Nairametrics, this was revealed on Thursday by the Managing Director of NPA, Mr. Mohammed Bello-Koko, at the Maritime Reporters Association of Nigeria Breakfast Meeting with the theme ‘Rehabilitation of Tin Can […]

Reps reject 178bn NPA bad debt petition
Ports and Airports

NPA to sell abandoned containers, relieve port congestion

The Nigerian Ports Authority has declared its plan to put containers that have stayed longer than necessary at the ports up for auction in an effort to reduce congestion and free up valuable space at Nigeria’s ports. According to Nairametrics, General Manager, Corporate and Strategic Communications, Mrs. Josephine Moltok, Nigerian Ports Authority, Lagos, said this in […]

Why importers abandon cargoes in Nigerian ports
Ports and Airports

NPA to receive transit cargo at Lekki port

The Nigerian Ports Authority, NPA, has commissioned two tug boats in advance of the anticipated transit cargo from a yet unnamed country in an effort to continue its efforts to lure transit cargoes from landlocked countries. Vanguard reported that according to NPA’s managing director, Mr. Mohammed Bello-Koko, who made the announcement in Lagos, the transit cargoes […]

Ports and Airports

Ondo $1bn seaport set to get approval – NPA

The Nigerian Ports Authority has disclosed that the development of a $1 billion Multipurpose Deep Seaport in Ondo state has received approval from the Nigerian government. According to Nairametrics, in order to present the Full Business Case for the port, The Ondo State Coordinator for Special Projects, Mr. Boye Oyewumi, and Managing Director of the Nigerian Ports Authority, […]

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Adopt Naira transactions, oil marketers urge NIMASA, NPA

The Oil Marketers Association of Nigeria has urged the Nigerian Maritime Administration and Safety Agency and the Nigerian Ports Authority to obey Federal Government’s directive on Naira transactions for ports charges. This is contained in a statement by Mahmood Tukur, Vice Chairman II, Depots and Petroleum Products Marketers Association of Nigeria on Sunday in a […]

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