By Ajibola Abayomi
February 6, 2018.
The Management of Nigerian Ports Authority has declared the sum of N299.56bn as generated revenue for 2017 fiscal year.
This was contained in statement issued by the General Manager, Corporate and Strategic Communications of NPA, Abduallahi Goje.
The 2017 revenue exceeded the 2016 figure of N162.20bn by 84.65 percent and arethe highest generated by the Authority in the past five years.
In 2013, the NPA generated the sum of N154.50bn. This increased to N159.30bn andN180.50bn in 2014 and 2015 respectively. The Authority’s revenue howeverdropped toN162.20bn in 2016.
The 2017figure declared by the Authority is made up of revenues from “traffic,”` “harbours,”“administrative” and “others” sources in the sum of N136.04bn, N66.80bn, N86.06bn and N10.75bn respectively.