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BusinessNigerian economy

Reps Committee Tasks NPA Management To Block Revenue Leakages

Deji Ogunsola
Last updated: March 3, 2025 9:52 pm
By Deji Ogunsola - Journalist
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2 Min Read
Nigerian Ports Authority
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The House of Representatives Sub-Committee on Public Assets has urged the Nigerian Ports Authority, NPA, to intensify efforts to block all revenue leakages in all its facilities.

Chairman of the committee, Uche Annie-Okonkwo, made the call on Monday in Abuja during a private meeting with the management of NPA, as he used the opportunity to caution the Authority against allowing companies to divert funds meant for the government.

According to him, a company which is allegedly owing over $10 million is still operating fully without any serious effort of NPA’s management to get the money.

The rep member, however, said that failure to recoup the funds and pay them into federal government coffers, could be interpreted as collusion to divert public funds.

Annie-Okonkwo  stated; “While the investigation into the alleged abuses of leases and concessions is still ongoing, the committee deems it necessary to call for caution over revelation of diversion of funds and non-compliance with the terms of agreement.

“The Truck Transit Limited is allegedly operating manually even though their contract stipulates that the company should construct an automatic system for truck parking and entrance to NPA terminals,” he said.

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9News Nigeria reports that the sub-committee is saddled with the responsibility of investigating alleged abuses of leases/concessions and Public Private Partnership Programmes, PPP, arrangements in NPA.

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ByDeji Ogunsola
Journalist
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Deji Ogunsola is a 9News Nigeria news reporter in Lagos State.
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