The Nigerian Ports Authority (NPA), has declared N299.56billions as revenue generated in 2017.
This was coming one week after stakeholders in the maritime industry called on the management of the authority to release the revenue profile of the agency.
But in a statement by the General Manager, Corporate and Strategic Communications, Abdullahi Goje said the revenue was generated from traffic, Harbours, administrative among others.
He however disclosed that the N299.56bn generated in 2017 exceeded the 2016 figure of N162.20bn by 84.65 percent and are the 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 and N180.50bn in 2014 and 2015 respectively. The Authority’s revenue however dropped to N162.20bn 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 N136.04bn, N66.80bn, N86.06bn and N10.75bn respectively.
Last week, a frontline clearing agent, Kelvin Olisa, challenged the Managing Director of the Authority, Ms Hadiza Bala-Usman to fulfil her promise to members of the public by releasing the revenue profile to members of the public.
“The NPA MD has promised the industry transparency but is their any transparency in her decision not to release the agency revenue profile when she promised to do that?” he asked rhetorically.
That is double standard. She promised to release before the end of December now January is almost ending and nothing from the authority.”
He however charged the agency to release the revenue profile if they have nothing to hide.