The Federal Government, through the Nigerian Ports Authority (NPA), has announced a 15% upward review of its port charges, citing the need for competitiveness and infrastructural development. Its Managing Director, Dr. Abubakar ÆŠantsoho, made this disclosure during a maritime stakeholders’ meeting held in Lagos on Thursday. According to him, this adjustment, the first in 32 years, aims to address significant infrastructure deficits and improve port competitiveness. He said the increased revenue will be used for modernising port facilities, acquiring new equipment, and enhancing ICT systems. The NPA boss highlighted that…
Read MoreNigerians to pay more for goods, as FG increases ports tariff by 15%
