Bello-Koko says Tinubu’s policies driving maritime sector’s transformation - Harbours

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Bello-Koko says Tinubu’s policies driving maritime sector’s transformation

 The Managing Director and Chief Executive Officer of the Nigerian Ports Authority (NPA), Mohammed Bello-Koko has said that the economic policies of President Bola Ahmed Tinubu, are responsible for the transformation of the maritime industry and improvement in revenue generation by the Authority. 

Bello-Koko who made this assertion during an unscheduled visit to the Lagos ports’ access roads whose decade-long traffic gridlock was recently cleared by the NPA.

He commended the Minister of Marine and Blue Economy, Adegboyega Oyetola’s leadership and hands on approach to driving the industry. 

As part of president Tinubu’s Renewed Hope Agenda, he said the sanity that has since returned to the ports access roads will be sustained to promote ease of doing business and drive exports to enhance Nigeria’s balance of trade. 

He added that despite global economic headwinds that characterized the year 2023, the Nigerian Ports Authority, succeeded in maintaining momentum to surpass its sterling performance in 2022. 

“The implementation of continuous performance improvement measures resulted in unprecedented revenue generation and remittances to the Consolidated Revenue Fund (CRF) of the Federation, with revenues steadily growing from N361 billion in 2022 to N501 billion as of December 2023, and remittances increasing from N93.4 billion in 2022 to N131.2 billion by year-end 2023”. 


● Bello-Koko with CGC Adeniyi 

The NPA helmsman who was recently named by Mr. President on the implementation committee of the National Single Window Project added that “taxes paid to the Government of the Federation also grew at various times in the period under review up to $77.7 million and N17.6 billion respectively.”  
■ Vanguard 

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