✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live
SPONSOR AD

NPA has not raised port tariff for 30 years – Bello-Koko

The Managing Director of the Nigerian Ports Authority (NPA), Mohammed Bello-Koko, has said the existing port tariff has been active for 30 years, therefore needing…

The Managing Director of the Nigerian Ports Authority (NPA), Mohammed Bello-Koko, has said the existing port tariff has been active for 30 years, therefore needing a review.

The NPA boss, who stated this on a TVC programme recently, also said towage services offered to ships on port calls to Nigeria were reviewed either in 2012 or 2014.

He said, “The last time the NPA increased its tariff was in 1993. Yes, the cost of doing business at the ports may be high, but we have not increased our tariff in the last 30 years.

“It was in 2012 or 2014 that the NPA increased the cost of towage. Every other tariff has remained as it is since 1993. The cost of doing business could be increasing, but it’s not attributable to the tariff and rates of the NPA.

Nigeria Air: Court dismisses operators’ suit on case transfer

Veritas Kapital Assurance posts N833m net profit

“What we did in 2012 was to harmonize the tariffs and merge them because there were so many. Before then, if anybody is looking for our tariffs, they will find many tariffs broken into pieces. So, what we did then was to merge them.”

Speaking further, Bello-Koko said the situation at Tin-Can Port is the worst even though every other port needs some level of rehabilitation too.

“So, what we have done is an authority-wide NEED assessment where we checked those infrastructures. After that, we made a decision that it is time we fully reconstructed those infrastructures. Our assessment showed that we need about $800m to rehabilitate all the ports.”

 

LEARN AFFILIATE MARKETING: Learn How to Make Money with Expertnaire Affiliate Marketing Using the Simple 3-Step Method Explained to earn $500-$1000 Per Month.
Click here to learn more.

AMAZON KDP PUBLISHING: Make $1000-$5000+ Monthly Selling Books On Amazon Even If You Are Not A Writer! Using Your Mobile Phone or Laptop.
Click here to learn more.

GHOSTWRITING SERVICES: Learn How to Make Money As a Ghostwriter $1000 or more monthly: Insider Tips to Get Started. Click here to learn more.
Click here to learn more.

SECRET OF EARNING IN CRYPTO: Discover the Secrets of Earning $100 - $2000 Every Week With Crypto & DeFi Jobs.
Click here to learn more.