The Management of the Nigerian Ports Authority has declared N299.56 billion as generated revenue for the 2017 fiscal year.
The 2017 revenues exceeded the 2016 figure of N162.20 billion by 84.65 per cent and are the highest generated by the Authority in the past five years.
In 2013, the NPA generated the sum of N154.50 billion.
This increased to N159.30 billion and N180.50 billion in 2014 and 2015 respectively.
The Authority’s revenue however dropped to N162.20 billion in 2016.
The 2017 figure declared by the Authority is made up of revenues from “traffic”, “harbours”, “administrative” and “other” sources in the sum of N136.04 billion, N66.80 billion, N86.06 billion and N10.75 billion respectively.