The Nigerian Ports Authority (NPA) says it has obtained the necessary authorization to increase charges in order to improve infrastructure and modernize equipment.
The NPA’s managing director, Abubakar Dantsoho, addressed at a maritime stakeholders’ meeting in Lagos on Thursday, according to a post on X.
The decision, which is the first tariff adjustment since 1993, aims to improve the performance of Nigerian ports.
“The 15% upward increase which is to cut across all NPA Rates and Dues is premised on the urgent need to address the undesirable reality of aged and weak Infrastructure, obsolete equipment and slow Port capacity expansion which has continued to diminish the performance and indeed competitiveness of Nigerian Ports,” Dantsoho said.
Dantsoho, who was represented by Olalekan Badmus, executive director of marine and operations at NPA, said port authorities worldwide rely on operational revenue to fulfill their responsibilities.
The responsibilities, he said, include the construction and maintenance of infrastructure, dredging of channels, provision of aids for safe navigation, and provision of modern marine crafts for efficient harbour services.
Others include automation and digitisation of port transactions, port security, energy efficiency and training, and employee training.
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