National

Nigerian Govt Announces Ports Tariff Increase

News Update

THE Nigerian government, through the Nigerian Ports Authority, NPA, has announced a 15 percent tariff increase, the first in 32 years.

According to the Nation, NPA managing director Abubakar Dantsoho disclosed this on Thursday in Lagos during the stakeholders’ engagement.

He noted that the 15 percent ports tariff increment is across the board.

Represented by the Executive Director of Marine and Operations, Olalekan Badmus, Dantsoho explained that the agency had maintained the same rates for over three decades despite significant economic changes, including exchange rate fluctuations, rising wages, fuel and lubricant costs, and inflation.

This comes weeks after the Nigerian Communications Commission approved a telecommunications tariff hike capped at 50 percent.

MESSAGE us @ https://Wa.me/+2348072633727 to kick-start business relationship for your advert, PR, Publicity, Awareness, Interviews, Feature Stories, Press Release/Statement and so on.

Meanwhile, Nigerians and financial experts have criticised the Nigerian government’s revenue-driven posture at the expense of citizens’ welfare as economic hardship worsens.

YOU CAN READ MORE NEWS UPDATES AND INFO @ https://www.voiceairmedia.com

VAM News

Recent Posts

Osun Lawmaker commissions Irekandu unity motor park

....Salam, Egbedun, Sunday Bisi, Others Rally Support For Adeleke’s Re-election Beyond lawmaking, the member of…

4 hours ago

Popular nollywood actress dies at 43

Nollywood actress and producer, Allwell Ademola, has died on Saturday, December 27, 2025. The actress…

8 hours ago

Osun Govt, APC Bicker Over Billboard Display

News Update THE Osun State Government and the All Progressives Congress (APC) have traded words…

12 hours ago

2027: How Gov Makinde pocketed Tinubu’s N50bn – Fayose

News Update Former Ekiti State Governor Ayo Fayose has revealed that President Bola Ahmed Tinubu…

16 hours ago

Osun: Why Critical Sectors Moribund Under Adeleke’s Govt?

By Waheed Adekunle Despite humongous resources available to Governor Ademola Adeleke's government, he couldn't do…

1 day ago

What President Tinubu Said About US Military Strikes In Nigeria

News Update The Nigerian government has confirmed that President Bola Tinubu approved US military strikes…

2 days ago