• About Us
  • Advertise with Us
  • Contact Us
  • Terms of use

31.96℃Lagos

Sunday, 17 May 2026

City Business News

City Business News

Nigeria Business News

  • Home
  • Auto
  • Aviation
  • Economy
  • Energy
  • Market/Finance
  • Maritime
  • News
    • Celebrity Gist
    • Crime
    • Custom
    • Editorial
    • Info/Tech
    • Insurance
    • Metro
    • Religion
    • Security/Safety
    • Telecomms
    • Transport
    • Celebrity Gist
    • Food & Drink
    • Education
    • Entertainment
    • Foreign
    • Health
    • International
    • National Assembly
    • State News
  • Politics
  • Sports
  • Multimedia
    • Photo News
    • Videos
City Business News
  • Home
  • Auto
  • Aviation
  • Economy
  • Energy
  • Market/Finance
  • Maritime
  • News
    • Celebrity Gist
    • Crime
    • Custom
    • Editorial
    • Info/Tech
    • Insurance
    • Metro
    • Religion
    • Security/Safety
    • Telecomms
    • Transport
    • Celebrity Gist
    • Food & Drink
    • Education
    • Entertainment
    • Foreign
    • Health
    • International
    • National Assembly
    • State News
  • Politics
  • Sports
  • Multimedia
    • Photo News
    • Videos
  • Home
  • /
  • News
  • /
  • NPA Boosts Consolidated Revenue Account With N151b

NPA Boosts Consolidated Revenue Account With N151b

Posted on March 7, 2021March 7, 2021 by City BusinessNews

Between 2017 and 2020, the Nigerian Ports Authority (NPA), contributed not less than N151billion to the Consolidated Revenue Account (CRA).

 Speaking at an interactive session with Newspaper Editors, Managing Director of NPA, Hadiza Bala-Usman explained that NPA contributed N42 billion in 2017, N33 billion in 2018, N31 billion in 2019 and N45 billion in 2020 .

Bala-Usman said:“Our cargo for 2019 was 80 million metric tons in the whole country. In 2020 we recorded 78 million metric tons, so we can see the difference in how much we were able to attract into the country within that period and the differential.
“For container traffic, 1.84 million TEUs in 2019 and 1.86 million in 2020, called vessels was 4,251 in 2019 and 3,972 in 2020. Gross registered for the vessels was 29.4 million in 2019 and 24.6 million in 2020. “There is a marginal drop because of the pandemic and we even thought it would be less but it is not materially different.”
The Tin Can Island and Port, she said, had the highest number of called vessels –1,197 vessels while Apapa port recorded 986 vessels within that period.

The NPA, Bala-Usman added, recorded total revenue of N305.3 billion in 2019 and N360 billion last year.
“This contribution to CRF is in line with the fiscal responsibility act which requires for government agencies to make remittance surplus to the government coffers. 

“Ensuring strict compliance to that is what we have sworn to do so that we are meeting the full compliance to the Fiscal Responsibility Act. So this is the general overview of what we have been doing and our area of focus,” she added.
She said one of the key issues that have been bedeviling the NPA’s operations within the Lagos area has been the traffic congestion in Apapa and Tin Can Island. 

“That is a monster that we have been grasping with, it’s a bit challenge. I have always had a particular perception of how to resolve it, there are different layers of intervention that kept coming on but for me I had a particular thing I thought was the right thing. It took a while for people to sort of come to terms with it but I will just give a quick overview about what it is – it is an electronic app – it is e-toll, some of you might have heard the jingle on the radio. 

“It is an e-call up system which seeks to remove the human intervention in the process of calling up trucks and an integral part of it is the provision of Approved Truck Park, meaning that all trucks coming into the port will go and park in a designated Truck Park and then use an electronic call up to be called upon to the port when the cargo is ready to be picked up, “she said.
She said trucks going into the port you must be parked in a Truck Park, stressing that trucks must be called upon using the e-column going forward. 

“So for me sanitising the port corridors is to have a designated parking space, if you don’t tell people where to park, they park anywhere. So the onus is on you to provide them with where to park.
“We have had this debate over the past two/three years with the Presidential Taskforce, the vice president.
“You must define your parking and you now need to call people up electronically, remove that control from the taskforce and make it electronic, and then make it transparent and make it also first come, first serve. 

“We have deployed, we have done the advert, we have seven Truck Parks that are available for use, and we are doing this in conjunction with Lagos State Government. We will be kicking this off on 27thmeaning that you cannot go into the port if you are not parked in these Truck Parks. 

“We are going to get a lot of push backs, we have seen push backs already, there are various taskforce that are being re-introduced, we are focus on implementing the e-call ups.
“If you are found on the round around the port environ, your truck will be impounded – we are working with the Road Safety, LASTMA and the Police command on that. We will have a few months of hitches but I believe this will really be the solution to our congestion, “she said. 

Bala-Usman added: “There is also another things that has been a critical issue for consignees, is that when you get your cargo from the port with the container, you are required to return your empty container to the port, so your inability to drop the container you lose a deposit.
“So shipping companies have been milking Nigerians for that. So you collect your cargo and then you want to return the empty container to the port but you are not able to get access to the port.” 

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook

Like this:

Like Loading…
Posted in NewsTagged Account, Income, Nigeria Revenue, NPA, Revenue, Seaport

Related posts

  • Experts Laud Early Submission of 2021 budget Proposal

    Experts Laud Early Submission of 2021 budget Proposal

  • Heirs Holdings appoints Fadairo as Director of Marketing, Corporate Communications

    Heirs Holdings appoints Fadairo as Director of Marketing, Corporate Communications

  • Air Peace Donates 550KVA Generator To Unizik Hospital

    Air Peace Donates 550KVA Generator To Unizik Hospital

Post navigation

Emefiele Woos Investors, Promises CBN’s Support
FRSC Decorates 123 Special Marshals In Rivers

Recent Stories

  • Nigeria, Airbus Explore Aircraft Maintenance Hub Partnership May 17, 2026
  • Customs Hosts Beer Sectoral Group, Seeks Accurate Data May 17, 2026
  • Anxiety As Ebola Death Toll Hits 65 May 16, 2026
  • Chery Showcases Safety Priority At Auto China 2026, Carloha Reaffirms Commitment May 16, 2026
  • NCAA, NNPPL To Strengthen Aviation Safety Partnership May 16, 2026
  • Again, SEC Warns Against Social Media Ponzi Scheme May 15, 2026
  • NCC Seeks Judicial Backing Against Cybercrime, Telecom Vandalism May 15, 2026
  • NADDC Boss Harps On Strong Aftersales Ecosystem May 14, 2026
  • Pioneer Airlines Secures NCAA Air Operator Certificate May 14, 2026
  • NADDC DG Praises JIM Isuzu Pick-Up Quality During WAAS Visit May 14, 2026
  • Stock Market Investors Exchange N109.4b Shares On NGX May 14, 2026
  • Tincan Island Port Customs Intercepts N16.694b Hard Drugs, Hands Over To NDLEA May 14, 2026

Most Read Posts

  • CILT President, Oyeyemi, To Deliver City Business News 10th anniversary Lecture June 25
  • Dangote Group, Norwegian Wealth Fund Explore Joint Investments
  • Ita Resumes As Acting Area Controller, Ondo/Ekiti Command
  • Transport, Logistics In Focus As Oyeyemi Delivers City Business News 10th Anniversary Lecture
  • NADDC DG Praises JIM Isuzu Pick-Up Quality During WAAS Visit
  • Coscharis Motors To Spotlight ABRO Cello Tapes At WAAS 2026
  • Nigerian Ports Handle 58,870 Vehicles In Q1 2026
  • ABC Transport Unveils Historic & Archive Center
  • Nigeria Customs Hands Over Stolen Cars To Canada
  • Jetour X70 Plus Sets New Standard With Safety, Comfort Features

Recent Comments

  • Nkechi Nwanyimbeke on NADDC Flags Off 2026 Argungu Motor Rally
  • Lagos partners Hong Kong institution to strengthen PPP initiatives - Lekki Business chronicle on Lagos, Hong Kong PPP Bodies Seal Infrastructure MoU
  • Bartholome Doyle on Police Uncover Alleged₦7.7b Telecom Fraud, Arrest Six Suspects
  • Johanna Sauer on Police Uncover Alleged₦7.7b Telecom Fraud, Arrest Six Suspects
  • Olabanji Ayodele on Police Resume Tinted Glass Enforcement
  • City BusinessNews on Top Fintech, Security Experts For Realnews 13th Lecture Panel

Tags

. News Agriculture Auto Auto Business Auto Maker Automobile Auto News Auto Report Aviation Banking Buhari Business Business News Capital Market City City BusinessNews Citybusinessnews Citybusinssnews City News Covid-19 Customs Economy Edo State Energy Federal FRSC Information International Lagos Lagos State Maritime Metro Minister News Nigeria NPA NSE Photo News Politics Seaport Security and Safety State News Stock Market Tinubu Transport
Tuggar Joins Bauchi Guber Race
Politics

Tuggar Joins Bauchi Guber Race

Tincan Island Port Customs Intercepts N16.694b Hard Drugs, Hands Over To NDLEA
Security / Safety

Tincan Island Port Customs Intercepts N16.694b Hard Drugs, Hands Over To NDLEA

Nigeria Customs Hands Over Stolen Cars To Canada
Crime

Nigeria Customs Hands Over Stolen Cars To Canada

Chery Showcases Safety Priority At Auto China 2026, Carloha Reaffirms Commitment
Auto

Chery Showcases Safety Priority At Auto China 2026, Carloha Reaffirms Commitment

Copyright © 2026 City Business News. All rights reserved.
Designed by FameThemes
%d