Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Senate wants fixed tariff for terminal operators

15 April 2014, 16:19

Lagos - The Senate Committee on Privatisation has directed the Nigerian Ports Authority (NPA) to introduce fixed tariff for terminal operators at the nation’s ports.

The Chairman of the Committee, Olugbenga Obadara, said this during a visit to NPA headquarters in Lagos.

He said a fixed tariff regime would result in a rise in the revenue profile of the organisation.

“The committee wants to know what is being generated either quarterly or half yearly because the space at the ports belongs to the Federal Government.

"The committee is inspecting not only the ports, but also all the government agencies so that there will be a progression in revenue and not a drop,’’ Obadara said.

According to him, the visit afforded them the opportunity of listening to the complaints of some of the terminal operators

"The terminal operators complained of the delay in completing port rehabilitation, the access road which has affected quick delivery of cargoes and low profit margin.

"The committee spent more than 25 minutes at Tin Can Island Port and surprisingly, the terminal operators were unable to provide receipts of the monthly remittances to NPA.

"We need money to finance NPA's budget and if the operators cannot tell us where the money is, NPA should be able to tell us,’’ he said.

In his response, the Managing Director of NPA, Habib Abdulahi, told the committee that the mandate of NPA had changed since the port concession regime came into being some years ago.

Abdulahi urged the Lagos State Government to collaborate with the Federal Government in ensuring that trucks plying Apapa-Oshodi Expressway complied with the necessary regulations and laws.

"We have already engaged consultants to look into 25 years development plan at the ports on the ocean side.

"Maybe we should start thinking of moving the ports gradually to some islands in Lagos such as the Snake Island.

"Possibly that may reduce the stress of doing business at the ports."

On the terminal operators, Abdulahi said there was need to review the agreement reached with them after five years of operation.

He said: "For instance, Energy Nigeria Ltd has complained of drop in revenue as a result of the ban on importation of cement which has caused a drop by 40 per cent, while the duty payable on rice also dropped by 15 per cent.

"According to them, the import policy on fish has also affected their business and we have to keep looking at the changes so that NPA will keep reviewing the agreement.

"Five Star Logistics says the policy on importation of cars may also affect its minimum tonnage in 2015.’’


For the latest on national news, politics, sport, entertainment and more follow us on Twitter and like our Facebook page.

Tags npa lagos ports

Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...