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Business & Economy

BREAKING: Nigerian Ports Authority increases tariffs

The FrontierThe FrontierFebruary 6, 2025 5170 Minutes read0

•Seaport

The Nigerian Ports Authority (NPA) has announced a 15% tariff increase.

NPA managing director, Abubakar Dantsoho, disclosed this today in Lagos during the stakeholders’ engagement for the approved 15% NPA tariff increment across the board, reports The Nation.

Represented by the Executive Director of Marine and Operations, Olalekan Badmus, Dantsoho stated that the agency had maintained the same rates for over three decades despite significant economic changes, including exchange rate fluctuations, rising wages, fuel and lubricant costs, and inflation.

… developing story 

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