NEWS
NPA Assures of Over N1.27trn Revenue in 2025
By Ubong Ukpong, Abuja
The Nigerian Ports Authority (NPA) on Monday assured that it would take into the coffers massive revenue of over N1.27 trillion in 2025, representing a 40 percent increase from the N894.86 billion it realized in 2024.
This ambitious target, the Authority said, was anchored on sweeping modernization efforts, the full activation of the Dangote Refinery’s marine operations, and the deployment of cutting-edge technology to enhance port efficiency. Managing Director of the NPA, Abubakar Dantsoho, disclosed this in a presentation during his agency’s budget defence session wih the House of Representatives Committee on Ports and Harbours, where he defended the agency’s 2025 budget estimates and provided insights into its 2024 performance.“Our 2025 budget proposal is more than figures, it reflects our aspirations for a more efficient, globally competitive port system,” Dantsoho told lawmakers, adding that over 70% of the proposed expenditure will go into capital projects.For 2024, the Authority surpassed its revenue target of N865.39 billion, posting an actual realization of N894.86 billion.However, Dantsoho revealed that only N417.86 billion, less than half of the approved N850.92 billion expenditure, had been spent as of the time of reporting.Despite this, NPA made a record contribution of N400.8 billion to the Consolidated Revenue Fund (CRF) in 2024, nearly double the N213.23 billion remitted in 2023. Of this amount, a staggering N344.7 billion was deducted at source.“This shows our unwavering commitment to national revenue generation, even when our own operational liquidity is affected,” the NPA boss stressed.Dantsoho said the projected revenue increase is premised on several key assumptions and developments, including: The full operation of the Dangote Refinery, which alone is expected to draw in over 600 vessels annually through its Single Point Mooring (SPM) system; the commissioning of upgraded terminals at WACT and OMT, which will enhance container traffic; the implementation of automation tools such as the National Single Window, Port Community System (PCS), and Vessel Traffic Management System (VTMS); and increased cargo volumes stemming from global disruptions, including the Russia-Ukraine conflict, which has affected global trade routes.He said the 2025 revenue is expected to come from the following key sources: Ship Dues, N544.06 billion; Cargo Dues, N413.06 billion; Concession Fees, N249.69 billion; and Administrative Revenue, N73.07 billionOf the proposed N1.14 trillion total expenditure for 2025, N778.46 billion is earmarked for capital projects.This investment, he said, will target the revitalization of critical infrastructure, including the Calabar, Warri, and Burutu ports and channels, and enhance towage services, channel depth, and compliance with international security conventions.“Investments in infrastructure and technology are non-negotiable if we are to stay competitive regionally and globally,” Dantsoho emphasized.He cited increasing competition from neighboring ports and aging assets across Nigeria’s coastal corridors.The NPA also intends to address technology gaps by upgrading legacy systems and bolstering cybersecurity, ensuring Nigerian ports meet global standards for digital operations.”We can say that with timely access to internally generated revenue and capital funds NPA would deliver the kind of impact Nigeria expects,” he said.Chairman of the Committee, Hon. Nnolim Nnaji, urged the NPA to ramp up performance, improve port infrastructure, and play a greater role in addressing Nigeria’s revenue and unemployment challenges.Nnaji said the ports remain a critical pillar of Nigeria’s economy, and urged the agency to meet rising expectations despite operational challenges.“No country can thrive economically without high-performing ports. They are the economic heartbeat of every nation, determining how buoyant a country is through the flow of imports and exports,” Hon Nnaji said.The committee praised NPA for its performance.Nnaji stressed that the NPA’s performance has implications beyond maritime activity, noting that increased port output can significantly boost job creation across several sectors.“The Nigerian Ports Authority is not just a revenue-generating agency, it is a national asset in terms of employment and economic impact.“We expect to see detailed strategies on how to improve revenue generation and expand employment opportunities through your 2025 budget,” he said.The lawmaker also pointed to growing interest in the development of new ports across the country but cautioned against neglecting existing port infrastructure.“As we welcome investment in new ports, we must not abandon the old ones. Maintaining and upgrading our existing ports, both in the Eastern Corridor and the Western axis, is essential to long-term sustainability,” he added.The Committee called for a clear outline from the NPA on how its 2025 financial plan will address pressing national concerns and reaffirm Nigeria’s competitiveness in regional and global maritime trade.NEWS
Tinubu’s Reforms Repositioning Nigeria for Long-Term Prosperity, Says Idris
By David Torough, Abuja
The Minister of Information and National Orientation, Mohammed Idris, has said that the economic reforms introduced by President Bola Ahmed Tinubu are laying the foundation for long-term prosperity by improving economic stability, boosting investor confidence and driving national development.
Idris made the remarks on Tuesday in Abuja while receiving the leadership of the APC Forum of Former Presiding Officers of State Houses of Assembly (FOPSHA), led by its Chairman, Rt.
Hon. Sen. Wasiu Esinlokun, during a courtesy visit to the Ministry’s headquarters.The minister said the Tinubu administration had, within three years, implemented critical reforms aimed at addressing longstanding economic challenges and creating a more sustainable growth path for the country.
According to him, key achievements of the administration include the removal of fuel subsidy, foreign exchange reforms, improved fiscal capacity for the federal and state governments, expansion of the Nigerian Education Loan Fund (NELFUND), growth in external reserves, improved Gross Domestic Product (GDP) performance, major infrastructure projects such as the Lagos-Calabar Coastal Highway and the Sokoto-Badagry Super Highway, as well as intensified efforts to tackle insecurity.
“President Bola Ahmed Tinubu took courageous decisions that previous administrations avoided for decades. Today, Nigeria is witnessing greater fiscal stability, improved investor confidence, enhanced infrastructure development and expanding opportunities for citizens. The foundation has been laid for a more prosperous future,” Idris said.
He urged members of the forum to leverage their experience and grassroots networks to deepen public understanding of the Renewed Hope Agenda and the long-term benefits of the administration’s reforms.
The minister also commended FOPSHA for its contributions to democratic governance and national development, assuring the delegation that the Federal Government’s media organisations—the Nigerian Television Authority (NTA), the Federal Radio Corporation of Nigeria (FRCN) and the News Agency of Nigeria (NAN)—would provide coverage for the forum’s forthcoming National Executive Council and Board of Trustees meeting.
Earlier, Esinlokun said the visit was to brief the minister on the forum’s activities and seek the ministry’s support in publicising its upcoming meeting, which is expected to bring together former Speakers of State Houses of Assembly, former governors, former ministers and distinguished senators.
He said the forum remained committed to mobilising grassroots support for the Renewed Hope Agenda through sustained engagement with Nigerians across the country.
NEWS
Akume Urges Code of Conduct Tribunal to Adopt Digital Technology for Faster Justice Delivery
By David Torough, Abuja
The Secretary to the Government of the Federation (SGF), Senator George Akume, has urged the Code of Conduct Tribunal (CCT) to fully embrace digital technology in the administration of justice to improve case management, records administration and overall operational efficiency.
Akume made the call on Tuesday in Abuja while receiving the Chairman of the Code of Conduct Tribunal, Dr.
Mainasara Umar Kogo, and members of the tribunal’s management team during a courtesy visit to his office.He said the adoption of digital tools aligns with the Federal Government’s ongoing drive to modernise public institutions through digital transformation, improved service delivery and stronger inter-agency coordination.
“The Tribunal should continue to embrace technology to improve case management, records administration and overall operational efficiency in line with the Federal Government’s digital transformation agenda,” the SGF said.
Akume commended the tribunal for its role in promoting integrity, accountability and ethical standards in Nigeria’s public service, describing its constitutional responsibility of adjudicating breaches of the Code of Conduct for public officers as a key component of the country’s anti-corruption framework.
He said the President Bola Tinubu administration remains committed to institutional reforms, public sector efficiency and the rule of law, stressing that strong institutions such as the CCT are essential for sustainable national development, economic growth and boosting investor confidence.
The SGF also reaffirmed the Federal Government’s commitment to strengthening institutions that promote transparency, accountability and responsible public service in line with the Renewed Hope Agenda.
He called for greater collaboration among government institutions to advance integrity and accountability, assuring the tribunal of the continued support of the Office of the Secretary to the Government of the Federation within its statutory mandate.
Akume further encouraged the CCT to deepen engagement with Ministries, Departments and Agencies (MDAs) to improve compliance with ethical standards and constitutional obligations through public enlightenment, training, awareness campaigns and effective enforcement.
Earlier, the Chairman of the Code of Conduct Tribunal, Dr. Mainasara Umar Kogo, said the visit was to brief the SGF on the tribunal’s achievements over the past year.
He said the tribunal had implemented far-reaching reforms aimed at strengthening its institutional capacity and improving the delivery of justice.
These included inspection visits to all its zonal offices to assess operational needs, improve performance and address challenges affecting service delivery.
Kogo also disclosed that the tribunal had strengthened collaboration with other anti-corruption agencies and civil society organisations to enhance coordination in the fight against corruption and improve the administration of justice.
He announced that the tribunal had cleared all inherited and pending cases, leaving it with no case backlog, and pledged to sustain ongoing reforms, deepen institutional partnerships and continue delivering impartial, timely and efficient justice to Nigerians.
NEWS
Tinubu’s Reforms Repositioning Nigeria for Long-Term Prosperity, Says Idris
By David Torough, Abuja
The Minister of Information and National Orientation, Mohammed Idris, has said that the economic reforms introduced by President Bola Tinubu are laying the foundation for long-term prosperity by strengthening economic stability, boosting investor confidence and accelerating national development.
Idris made the remarks on Tuesday in Abuja while receiving the leadership of the APC Forum of Former Presiding Officers of State Houses of Assembly (FOPSHA), led by its Chairman, Rt.
Hon. Sen. Wasiu Esinlokun, during a courtesy visit to the Ministry’s headquarters.The minister commended the forum for its contributions to democratic governance and national development, assuring its leadership that federal government-owned media organisations—the Nigerian Television Authority (NTA), the Federal Radio Corporation of Nigeria (FRCN) and the News Agency of Nigeria (NAN)—would provide coverage for the forum’s forthcoming National Executive Council and Board of Trustees meeting.
According to Idris, the Tinubu administration has, within three years, implemented difficult but necessary reforms that are repositioning the country for sustainable economic growth.
He listed the administration’s achievements to include the removal of fuel subsidy, foreign exchange reforms, improved fiscal capacity for the federal and state governments, expansion of the Nigerian Education Loan Fund (NELFUND), growth in external reserves, improved Gross Domestic Product (GDP) performance, major infrastructure projects such as the Lagos-Calabar Coastal Highway and the Sokoto-Badagry Super Highway, as well as intensified efforts to tackle insecurity.
He said previous administrations had avoided many of the reforms for decades, stressing that the decisions taken by President Tinubu were beginning to yield positive results.
“President Bola Ahmed Tinubu took courageous decisions that previous administrations avoided for decades. Today, Nigeria is witnessing greater fiscal stability, improved investor confidence, enhanced infrastructure development and expanding opportunities for citizens. The foundation has been laid for a more prosperous future,” Idris said.
The minister also urged members of the forum to leverage their experience and grassroots networks to deepen public understanding of the Renewed Hope Agenda and the long-term benefits of the administration’s policies.
Earlier, Esinlokun said the visit was to brief the minister on the forum’s activities and seek the ministry’s support in publicising its forthcoming meeting, which is expected to bring together former Speakers of State Houses of Assembly, former governors, former ministers and distinguished senators.
He added that the forum remained committed to mobilising grassroots support for the Renewed Hope Agenda through sustained engagement with Nigerians across the country


