The Nigerian Ports Authority on Tuesday declared a total revenue of N299.56bn for the 2017 fiscal year.

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, according to a statement by the General Manager, Corporate and Strategic Communications, NPA, Mr. Abdullahi Goje.

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.

Earlier, Usman had expressed concerns about the condition of the port access roads and its impact on revenue generation for government, adding that more revenue would have been generated if the roads were not so bad.

http://investorsking.com/npa-declares-n300bn-revenue-2017/

Good one

Wow! I'm impressed


Sai baba

Recovered loots, increased revenue generation, money saved from TSA, money saved from ghost workers, increasing crude oil prices, and we still need to borrow. Who is fooling who?

Commendable

Truth234:
The Nigerian Ports Authority on Tuesday declared a total revenue of N299.56bn for the 2017 fiscal year.

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, according to a statement by the General Manager, Corporate and Strategic Communications, NPA, Mr. Abdullahi Goje.

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.

Earlier, Usman had expressed concerns about the condition of the port access roads and its impact on revenue generation for government, adding that more revenue would have been generated if the roads were not so bad.

http://investorsking.com/npa-declares-n300bn-revenue-2017/

let them use it properly

Why do I feel 300bn in a whole year for a body like NPA is little?

jamb, firs, npa, customs, efcc, etc. but where the money de enter?

So we should clap for them abi

DoTheNeedful:
Why do I feel 300bn in a whole year for a body like NPA is little?

Comparatively, it is much.

Falsehood everywhere, they actually made 500bn and declared only 300bn !

DoTheNeedful:
Why do I feel 300bn in a whole year for a body like NPA is little?

no be only u...

Yet we're borrowing to finance budgets. APC & lies

Carry go PMB

jimjemo:
Falsehood everywhere, they actually made 500bn and declared only 300bn !

Can you tell us how much was made and declared when your god was in office?

DoTheNeedful:
Why do I feel 300bn in a whole year for a body like NPA is little?

Little, but much greater than what your god made and declared when he was in office.

With more inland ports,, more revenue would be expected..
But the criminal minded Nigerians in the system wouldn't let any good policy to be maximised.

So what Re they doing with this money ? 3 years counting and no major power plant or airport fixed. Phew.

kabrud:

Can you tell us how much was made and declared when your god was in office?

So what happens to this money being made ?

That's a very welcome development..Kudos to Mrs. Usman..A brave woman

BedLam:
So what happens to this money being made ?

What happened to the one made when your god was in office? Send your bank account to them, they will transfer it to your account. Ask another stupid question.

DoTheNeedful:
Why do I feel 300bn in a whole year for a body like NPA is little?

SECONDED!!!

In a parastatal where the bulk of its transactions are done in millions of USD

NPA? The money is too little.

I posit that the declared sum is too small compared to what I know the NPA to be generating. Someone is shortchanging the Nigerian government.

12submarine:
Recovered loots, increased revenue generation, money saved from TSA, money saved from ghost workers, increasing crude oil prices, and we still need to borrow. Who is fooling who?

Even American borrows.what should be your concern is that the money should be used judiciously.is not everything we criticises because of our political views.

For the first time we are having a direction in governance_These old corruption ridden general's are telling us to vote pmb out ! It will not work.sai Baba Insha Allahu

kabrud:

What happened to the one made when your god was in office? Send your bank account to them, they will transfer it to your account. Ask another stupid question.

Yeah everyone that opposes this administration is a fan of GEJ. Tells me how low you can get. Poo!

This is the reason why there is fuel scarcity today. NPA excessively increase all levies paid by fuel importers, making it impossible for them to import fuel and make profit. i dont really see anything to rejoice about this their increase in revenue.

BedLam:
Yeah everyone that opposes this administration is a fan of GEJ. Tells me how low you can get. Poo!

Okay, they want to share the money to people like you, it is your account they are waiting for before the disbursement. That is what will happen to the money. Ogy brain.

12submarine:
Recovered loots, increased revenue generation, money saved from TSA, money saved from ghost workers, increasing crude oil prices, and we still need to borrow. Who is fooling who?

u ar fooling urself

Ordinary 300bn? They shld be making not less than 1trillion