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NPA Targets N1.28trn In 2025

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NPA Targets N1.28trn In 2025

The Nigerian Ports Authority (NPA) is projecting a significant revenue increase to over ₦1.27 trillion in 2025, representing a 40% jump from the ₦894.86 billion realized in 2024. This ambitious target is anchored on comprehensive modernization efforts, full activation of the Dangote Refinery’s marine operations, and deployment of cutting-edge technology to enhance port efficiency.

NPA Managing Director, Abubakar Dantsoho, disclosed this during a budget defense session with the House of Representatives Committee on Ports and Harbours. “Our 2025 budget proposal reflects our aspirations for a more efficient, globally competitive port system,” Dantsoho stated, adding that over 70% of the proposed expenditure will go into capital projects.

The Authority surpassed its revenue target of ₦865.39 billion in 2024, posting an actual realization of ₦894.86 billion. However, Dantsoho revealed that only ₦417.86 billion, less than half of the approved ₦850.92 billion expenditure, had been spent as of the time of reporting. Despite this, NPA made a record contribution of ₦400.8 billion to the Consolidated Revenue Fund (CRF) in 2024.

Dantsoho attributed the projected revenue increase to several key assumptions and developments, including the full operation of the Dangote Refinery, commissioning of upgraded terminals, implementation of automation tools, and increased cargo volumes. “Investments in infrastructure and technology are non-negotiable if we are to stay competitive regionally and globally,” he emphasized.

The 2025 revenue is expected to come from key sources, including Ship Dues (₦544.06 billion), Cargo Dues (₦413.06 billion), Concession Fees (₦249.69 billion), and Administrative Revenue (₦73.07 billion). Of the proposed ₦1.14 trillion total expenditure for 2025, ₦778.46 billion is earmarked for capital projects.

Chairman of the Committee, Hon. Nnolim Nnaji, urged the NPA to ramp up performance, improve port infrastructure, and play a greater role in addressing Nigeria’s revenue and unemployment challenges. “No country can thrive economically without high-performing ports. They are the economic heartbeat of every nation,” Nnaji stated.

Nnaji stressed that the NPA’s performance has implications beyond maritime activity, noting that increased port output can significantly boost job creation across several sectors. “The Nigerian Ports Authority is not just a revenue-generating agency, it is a national asset in terms of employment and economic impact,” he added.

The Committee praised NPA for its performance and called for a clear outline on how its 2025 financial plan will address pressing national concerns and reaffirm Nigeria’s competitiveness in regional and global maritime trade. Nnaji cautioned against neglecting existing port infrastructure, emphasizing the need to maintain and upgrade existing ports.

“We expect to see detailed strategies on how to improve revenue generation and expand employment opportunities through your 2025 budget,” Nnaji said, adding that the NPA’s role is critical to Nigeria’s economic growth and development.

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[JUST IN] Wike’s Assassination Plot: Police Take Action On Top Governor Fubara’s Ally; Nigerians React

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The Nigeria Police Force, through the Intelligence Response Team (IRT), has finally invited Tammy Wenike Danagogo, former Secretary to the Rivers State Government (SSG), over the allegation that he was speaking in a leaked telephone conversation, discussing how to assassinate the Minister of the Federal Capital Territory (FCT), Nyesom Wike.

Danagogo is a top ally of Governor Siminalayi Fubara of Rivers. It was alleged that the governor’s ally was making the call with Tombari Joseph Gbeneol, a medical doctor and founder of Life Forte Chapel Church in Port Harcourt, the state capital.

In the leaked conversation, Danagogo and Gbeneol were said to have discussed how they could bring in an Israeli national to assassinate the minister of the FCT, and it ended with an alleged plan to urge Governor Fubara to fund the execution.

Last week, Benjamin Hundeyin, the public relations officer of the police, reportedly revealed the arrest of Gbeneol in a statement on Tuesday, January 6, where he disclosed that further information on the issue would be made available after the interrogation had been completed.

This is coming amid the heated political tension between Wike and his successor, Governor Siminalayi Fubara. Since the Christmas holiday, the two political leaders have been throwing banters at each other. The governor has been accused of ignoring the peace agreement he signed with President Bola Tinubu in 2025.

The news of the police invitation to Danagogo was shared by Lere Olayinka, a media aide to Wike. The development has started generating reactions from some Nigerians. Below are some of their reactions:

Olufemi Aluko described it as a joke:

“Once I saw Israel, I just started laughing. We’re not serious in this country. I just knew it had to be a joke.”

Seyi questioned: “Leaked conversation. Yeah. How many phone taps do the DSS actually have running?”

Dare called for a deeper investigation: “Has it got to this? This is barbaric. If found culpable, he should be made to face the law.”

Meenah condemned the development:
“Another shocking development. When close allies of a governor are linked to alleged assassination plots, it raises serious questions about leadership and accountability. Rivers State deserves leaders who unify, not ones whose associates spark fear and chaos.”

Read more reactions to the news from X here: /

 

 

 

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BREAKING: Grief, Lamentation As 3 APC Chieftains Die

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The ruling All Progressives Congress (APC) has lost three of its chieftains in Kogi to the cold hand of death. The APC chieftains are Alih Atabo, Onojah James Ignatius, and Jatto Onimisi Suleiman.

Kingsley Fanwo, the state’s commissioner for information and communication, announced their deaths in a statement in Lokoja, the state capital, on Monday, January 12.

According to Fanwo, the government and people of Kogi received the death of the APC chieftains with profound sorrow, describing them as distinguished sons of the state.

The statement reads in part: From breaking news to viral moments. “Hon. Onojah James Ignatius, Special Adviser to the Governor of Kogi State and former Chairman of Igalamela Local Government Area; Hon. Jatto Onimisi Suleiman, Senior Special Assistant to the Governor; and Alhaji Alih Atabo, APC Chairman of Anyigba Ward in Dekina Local Government Area.”

The Punch reported that Fanwo maintained that the deceased served the state and the APC with uncommon loyalty, dedication and commitment.

However, the state government did not disclose the causes of their deaths but conveyed Governor Ahmed Usman Ododo’s condolences to the family, friends, associates and the APC family in the state.

Nigerians have therefore reacted to the news of their deaths differently:

Adeyemi condemned Nigerians mocking the dead: “It is truly heartbreaking how many Nigerians have lost their humanity. When a fellow human being passes away, the only thing some people can do is mock them over petty political differences. It’s a disgrace. Death is inevitable for us all; those who are mocking the dead today should remember that they could be the victims tomorrow.”

Chiedozie Onyeke prayed for them: “God should have allowed them to enjoy Tinubu’s reforms small. May their souls rest in peace.”

Uzochukwu Agu O.G. made an unverified claim: “They were clogs in the wheel of Yahaya Bello’s Ambition. It is what it is. The next set of chieftains to replace them will unilaterally call for Yahaya Bello to run for Senate.”

Adams Azeez prayed for the deceased: “Whatever your politics, death is a reminder that power is temporary. May their souls rest in peace, and may their families find strength.”

Ajayi Ogidiolu demanded more clarity about their death: “When did they die? Died or killed? The information is not really clear.”

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BREAKING: KWAM 1 Writes Ogun Govt, Accuses Fusengbuwa Ruling House of Plot to Exclude Him From Awujale Selection

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Popular Fuji musician and Olori Omooba of Ijebu land, Alhaji Wasiu Ayinde Marshal, widely known as KWAM1, has written to Ogun State Governor, Dapo Abiodun, alleging that he is being deliberately sidelined from the ongoing process to select the next Awujale of Ijebu land.

Ayinde, in a petition dated January 8, 2026, accused the Fusengbuwa ruling house next in line to produce the monarch of taking actions that allegedly violate the Chieftaincy Declaration and the Obas and Chiefs Law of Ogun State. He claimed the moves were designed to disenfranchise him from contesting for the revered throne.

The letter, written on his behalf by his lawyer, Dr. Wahab Shittu, SAN, was addressed to Governor Abiodun and outlined what the Fuji star described as procedural irregularities in the selection process.

According to the petition, the contest for the Awujale stool has attracted over 60 aspirants, with Ayinde formally declaring his interest. However, the Fusengbuwa family has maintained that KWAM1 is not a member of the ruling house and is therefore ineligible to participate in the exercise.

Before writing to the governor, Ayinde had approached the Ogun State High Court sitting in Ijebu Ode, seeking an interim injunction to restrain Governor Abiodun and six others from continuing with the selection process. The court, however, dismissed the application, ruling that it lacked merit. The musician later withdrew the suit without publicly stating his reasons.

In his latest letter, Ayinde disclosed that the Ijebu Ode Local Government, via a letter dated January 6, 2026, signed by its Secretary, Oke Adebanjo, had approved the commencement of the selection process by the ruling house.

He expressed surprise that while members of the Fusengbuwa family were preparing for a general meeting, the family’s Public Relations Officer, Prince Adeleye Lateef Ademuyiwa, allegedly issued a notice directing aspirants to collect nomination forms and appear before a screening committee.

The screening committee, according to Ayinde, is chaired by Prince Alhaji Mitiu Adenuga. He further alleged that the directive fixed the nomination exercise for Monday, January 12, 2026, while also stating that the process would be conducted by delegates to be selected at a meeting scheduled for January 10, 2026.

Ayinde argued that the sequence of events was confusing, contradictory, and contrary to established laws guiding traditional chieftaincy matters in Ogun State.

As of the time of filing this report, neither the Ogun State Government nor the Fusengbuwa ruling house had officially responded to the allegations.

Lagos Reporters will continue to monitor developments surrounding the Awujale succession process and provide updates as the story unfolds.

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