The Nigerian Ports Authority on Tuesday declared a total revenue of N299.56bn for the 2017 fiscal year.
According to a statement by the General Manager, Corporate and Strategic Communications, NPA, Mr. Abdullahi Goje, the 2017 revenue exceeded the previous year’s N162.20bn by 84.65 per cent and was the highest generated by the agency in the past five years,
The statement gave a breakdown of the revenue generation in the past five years, with the NPA making the sum of N154.50bn in 2013. This increased to N159.30bn and N180.50bn in 2014 and 2015, respectively. The agency’s revenue, however, dropped to N162.20bn in 2016.
It noted that the 2017 figure was made up of revenues from traffic, harbours, administrative and other sources in the sums of N136.04bn, N66.80bn, N86.06bn and N10.75bn, respectively.