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Otedola deepens stake in First HoldCo with fresh N43.41bn

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Tag: NPA

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, […]

Business featured

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 […]

Ports and Airports Uncategorized

NPA commissions first export processing terminal in Lagos

The Managing Drector of the Nigerian Ports Authority, Mohammed Bello-Koko, commissioned the first Export Processing Terminal in Lagos on Tuesday to facilitate export-bound cargo access to the Lagos Seaports – Apapa and Tin-Can Island. The Diamond Star EPT, the first of ten licenced terminals to be commissioned by the NPA, will allow Nigeria to maximise […]

Maritime Ports and Airports

80% of barges in Nigeria are locally made, say operators

Barge operators in the nation’s maritime sector have said that 80 per cent of the barges on the Nigerian waters are locally made, noting that the players are already operating according to international standards. The National President of BOAN, Olubunmi Olumekun, said this in an exclusive interview with our correspondent in Lagos on Sunday. He […]

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