The Nigerian Ports Authority (NPA) has reviewed port tariff upward by 15%, after 32 years of operating stiff charges. The tariff was last reviewed in 1993. The Authority said the 15% upward increase which was 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. Speaking at the stakeholders meeting in Lagos, the Managing Director of…
Read More32 Years After, NPA Increases Port Tariff By 15%
