ADVERTISEMENT
  • The Membership Club
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Thursday, January 28, 2021
Premium Times Nigeria
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
Senate wants fixed tariff for Nigerian ports operators

Senate wants fixed tariff for Nigerian ports operators

byPremium Times
April 15, 2014
2 min read

Mr. Obadara said a fixed tariff regime would result in a raise in the revenue profile of the organisation.

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

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

He said a fixed tariff regime would result in a raise 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,” Mr. Obadara said.

He said the visit affords them the opportunity of listening to the complaints of some of the terminal operators including Josepdam Service Ltd and Five Star Logistics operating at Tin Can Island Port.

“’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.

RelatedNews

Governor Ortom tests positive for COVID-19

EPL Round-Up: Man City climb to top spot

UPDATED: COVID-19 variant, causing anxiety in UK, found in Nigeria – Official

AUDIO: 13 corps members tested positive for COVID-19 at NYSC camp – official

“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,’’ said Mr. Obadara from Ogun Central.

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

Mr. Abdullahi 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.

Dangote adbanner 728x90_2 (1)

“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, Mr. Abdullahi 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.

ADVERTISEMENT

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

(NAN)

  • WhatsApp
  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • Share on Tumblr
  • Pocket

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: To advertise here . Call Willie +2347088095401...


JOIN THE CONVERSATION

  • Disqus (0)
premiumtimes



PT Mag Campaign AD

Previous Post

Seplat lists shares in Nigeria, London stock markets

Next Post

Insecurity: Gusau calls for closer collaboration among armed forces

Premium Times

Premium Times

More News

A screenshot of Peoples Gazette's website.

Online newspaper accuses Nigerian govt of disrupting access to its website

January 27, 2021
The Oyo State Governor, Seyi Makinde, on Wednesday, met with President Muhammadu Buhari over the security challenges rocking the south-west state. [PHOTO CREDIT: Bashir Ahmad]

Makinde meets Buhari over Oyo’s security challenges

January 27, 2021
Mohammed Barkindo [PHOTO CREDIT: @OPECSecretariat]

Renewables great but won’t get close to overtaking oil & gas soon – OPEC

January 27, 2021
National Judicial Council (NJC)

Chief Judge transmits reinstatement notice to judge accused of bribery

January 27, 2021
National Bureau of Statistics (NBS)

Nigeria’s VAT increases by N29.98bn in fourth quarter of 2020

January 27, 2021
President Muhammadu Buhari and the new service chiefs. [PHOTO CREDIT: Twitter handle of Buhari]

Insecurity: Nigeria in ‘state of emergency’, Buhari tells new service chiefs

January 27, 2021
Next Post
Former Defence Minister, Aliyu Gusau

Insecurity: Gusau calls for closer collaboration among armed forces

Alao Akala

You must face trial for corruption, Appeal Court tells Alao-Akala

Discussion about this post

Search

#EndSARS: Latest Updates




Polaris Bank


JAIZ Ad


NITDA Ad




Subscribe to News via Email

Enter your email address and receive notifications of news by email.

Join 1,605,924 other subscribers.

Advertisement






netherland biz school Advert

Zenith Advert
ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • Opinion
  • PT Hausa
  • The Membership Club
  • Dubawa
    • Dubawa NG
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
  • Digital Store
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.