NPERA's Akutah Advocates for Port Efficiency to Boost Economy
Dr. Pius Akutah, the Director-General of the Nigerian Ports Economic Regulatory Agency (NPERA), stated that efficient and competitive seaports are essential for Nigeria's ambition to achieve a $1 trillion economy by 2030. During a courtesy visit from Mr. Moses Ebosele, President of the Shipping Correspondents Association of Nigeria (SCAN), Akutah highlighted NPERA's commitment to enhancing the port regulatory environment through stronger enforcement, standard-setting, automation, and digitization.
He noted that NPERA was established to regulate economic activities at the ports and enforce compliance, with new legal provisions allowing for significant penalties for infractions. The minimum penalty for a first-time individual offender is set at N500,000, while corporations can face penalties up to N20 million, which can increase for repeated violations.
Akutah emphasized that these measures would serve as deterrents against non-compliance. Ebosele congratulated NPERA on its mandate and invited Akutah to the SCAN 2026 summit scheduled for October 29, 2026, in Lagos.
Plus234Feed summary based on reporting from This Day. Read the original report below.
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