The Nigerian Ports Authority (NPA) has announced a 15% increase in port charges, marking the first adjustment in over three decades. This decision, approved by the Federal Government, aims to enhance competitiveness, improve service delivery, and fund critical infrastructural upgrades at the nation’s ports.
Speaking at a maritime stakeholders’ meeting in Lagos, Dr. Abubakar Dantsoho, Managing Director of the NPA, emphasized the necessity of the rate review, citing the deteriorating state of port infrastructure and outdated equipment that have hindered efficiency.
“This is the first tariff adjustment since 1993. The review is crucial for maintaining global standards in port operations and ensuring optimal service delivery,” Dantsoho stated.
Mr. Olalekan Badmus, NPA’s Executive Director of Marine and Operations, who represented Managing Director Mohammed Bello-Koko at the meeting, reiterated the importance of engaging stakeholders before implementation.
“The NPA relies on revenue from port operations to fulfill its obligations, including infrastructure maintenance, dredging of channels, provision of navigation aids, acquisition of modern marine equipment, digitization of port processes, and ensuring security,” Badmus explained.
Maritime expert Mr. Joshua Asanga acknowledged concerns over the rate hike but pointed out that inflation—currently around 35%—has significantly reduced the real value of NPA tariffs over the years.
“For more than 30 years, operational costs such as wages, fuel, and maintenance have risen without a corresponding adjustment in port charges,” Asanga noted.
The increase, applicable across all NPA charges, is expected to take effect soon, aligning Nigerian ports with international standards and ensuring long-term sustainability in the sector.
