Latest news on nigeria port authority

Here are some of the latest news updates on the Nigerian Ports Authority (NPA):

1. NPA's Revenue Hits N208.4 Billion in 2022

The Nigerian Ports Authority (NPA) has announced that its revenue for 2022 stood at N208.4 billion, representing a 14.3% increase from the N182.3 billion recorded in 2021. The increase was attributed to the growth in cargo volume and improved efficiency in port operations. (Source: Vanguard News)

2. NPA to Invest N100 Billion in Infrastructure Development

The NPA has revealed plans to invest N100 billion in infrastructure development in the next three years to improve port operations and reduce congestion. The investment will focus on the construction of new terminals, dredging of waterways, and the installation of new equipment. (Source: ThisDay Live)

3. NPA Introduces New Cargo Handling System

The NPA has introduced a new cargo handling system aimed at improving efficiency and reducing congestion at the ports. The system, known as the "NPA Cargo Handling System," allows for the electronic tracking of cargo from the point of arrival to the point of departure, reducing the risk of loss or misplacement. (Source: The Guardian)

4. NPA to Implement Electronic Payment System

The NPA has announced plans to implement an electronic payment system to reduce cash transactions and improve transparency in port operations. The system, known as the "NPA Electronic Payment System," will allow for the payment of port charges and other fees electronically. (Source: Punch Newspapers)

5. NPA to Partner with Private Sector to Develop New Terminal

The NPA has signed a Memorandum of Understanding (MoU) with a private sector company to develop a new terminal at the Apapa Port. The terminal, known as the "Apapa Inland Container Depot," will have a capacity to handle 500,000 twenty-foot equivalent units (TEUs) per annum. (Source: BusinessDay)

6. NPA to Implement New Tariff Regime

The NPA has announced plans to implement a new tariff regime aimed at reducing the cost of doing business at the ports. The new regime, which will take effect from January 2023, will see a reduction in port charges and other fees. (Source: Leadership Newspaper)

7. NPA to Improve Security at Ports

The NPA has announced plans to improve security at the ports by deploying new security equipment and increasing the number of security personnel. The move is aimed at reducing the risk of theft and other forms of criminal activity at the ports. (Source: Daily Trust)

These are some of the latest news updates on the Nigerian Ports Authority (NPA). I hope this information is helpful!