BREAKING: NPA increases tariffs by 15% after 32 years

The Nigerian Ports Authority (NPA) has announced a 15% tariff increase, the first in 32 years.

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

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.