However, one of the agencies of government that has helped the federal government brave the odds by recording outstanding performance amidst tough operating
Since 2021, the Nigerian Ports Authority , has increased its contribution to the Consolidated Revenue Fund as well as facilitating export of agricultural produce in the country. YUSUF BABALOLA writesThe Nigerian economy has faced many challenges in the last few years with many players including institutions in the public and private sector struggling to survive. Challenges such as rising public debt, inflation, foreign exchange instability, reduction in revenue generation, among others.
NPA in the last two year, has recorded unprecedented revenue generation and remittances to the Consolidated Revenue Fund of the federation.This increment was achieved through the combination of improved operational performance of the ports, tightening of collection mechanisms, plugging of income leakages and debt recovery.
Linked inextricably to people management, is the administration’s uncommon realization that there is a cost attached to every hour lost to down tooling, which motivated its sustained engagements with Senior Staff Association of Statutory Corporations & Government Owned Companies , Maritime Workers Union and other ancillary sector unions which has culminated in the industrial harmony being witnessed.
To enthrone transparency and eliminate opacity, the Authority has also completed the automation of port-ship reception and billing payment with the Revenue invoicing and management system , Deployment of Electronic manifest and Ship Entry Notice , deployed electronic Traffic Management System , currently operates Oracle Financials and Oracle HR and is on track for the procurement of software for harbour automation and is implementing an Authority-wide equipping and strengthening of Radio Signal...
– Equipping and Operationalization of state-of-the-art Control Towers for Lagos and Tin can Island Port Complexes.
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