NPA generated N300bn in 2017


The Nigerian Ports Authority (NPA) said it generated N299.56 billion in 2017 – its highest revenue in five years.

NPA made this known in a statement signed by its General Manager, Corporate and Strategic Communications, Abdullahi Goje. 

The last time the agency yielded a remarkable income was in 2015 when it recorded a revenue of N180.50 billion.

It generated N154.50 billion in 2013, N159.30 billion in 2014 and N162.20 billion in 2016.

“The 2017 figure declared by the authority is made up of revenues from traffic, harbours, administrative and others sources in the sum of N136.04 billion, N66.80 billion, N86.06 billion and N10.75 billion respectively,” the statement read.

In December, NPA Managing Director, Hadiza Bala-Usman, said the agency surpassed its 2017 revenue target.

Copyright Ships & Ports Ltd. Permission to use quotations from this article is granted subject to appropriate credit given to as the source.