NPA declares N299.56bn revenue for 2017

Posted by News Express | 7 February 2018 | 866 times

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The Management of Nigerian Ports Authority (NPA) has declared N299.56 billion as generated revenue for 2017 fiscal year.

The declaration was made on Tuesday via a statement issued in Lagos by NPA General Manager, Corporate and Strategic Communications, Abdullahi Goje.

The 2017 revenues exceeded the 2016 figure of N162.20 billion by 84.65 percent and is the highest generated by the Authority in the past five years.

In 2013, the NPA generated N154.50 billion. This increased to N159.30 billion and N180.50 billion in 2014 and 2015 respectively. NPA’s revenue however dropped toN162.20 billion in 2016.

The 2017 figure declared by the Authority is made up of revenues from “traffic,” “harbours,” “administrative” and “others” sources in the sum of N136.04 billion, N66.80 billion, N86.06 billion and N10.75 billion respectively.

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Source: News Express

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