NPA Generates N191.4bn Revenue in First Half of 2023 Remits N55.7bn to consolidated revenue fund Bello-Koko projects over N500bn revenue by year-end Oluchi Chibuzor The Nigerian Ports Authority (NPA) has generated a total revenue of N191, 430,093,501.00 from its operations in the first half of 2023. On the other hand, the NPA, in
the same period, remitted N55,712, 565, 027.46 to the Consolidated Revenue Fund (CRF) of the Federation. These disclosures were contained in a half-year 2023 performance reports released by the NPA
Managing Director and Chief Executive Officer, Mohammed Bello Koko. Elucidating on the report, Bello Koko said given the existential economic headwinds both at the micro and macro levels, the
operational statistics for the first six months were reassuring, adding that they catalysed the commendable remittances to the CRF of the federal government thus far. According to him, “viewed within the context of current
global economic upheavals which have affected trade volumes in all climes, our current growth trajectory is encouraging and gives us confidence to project a revenue growth of over N500 billion with concomitant increase in remittance
to CRF by end-of-year 2023, given that shipping activities peak around the second half of the year’. “The smart policy thrust of the new administration which is Continued on page 9
Deregulation: NMDPRA Grants Petrol Import Licence to 56 Oil Marketing Firms... Page 9 Tuesday 18 July, 2023 Vol 28. No 10324. Price: N250
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PDP Replies APC, Says Threat to PEPC Subversive, Move to Intimidate Judiciary... Page 8
60 Lawyers Ask Court to Jail DSS DG for Disobeying Order on Emefiele's Release It’s shameful security agency failed to arrest Asari Dokubo yet charges suspended CBN governor, says group Alex Enumah in Abuja Constitutional and human rights
lawyers in Abuja, numbering about 60, yesterday, stormed the High Court of the Federal Capital
Territory (FCT) to commence a committal to prison proceedings against the Director General of the
State Security Service (SSS), Mr. Yusuf Bichi, over alleged violation of multiple judgments and orders of
court directing the release of former Central Bank of Nigeria Governor (CBN), Mr. Godwin Emefiele from
custody. Continued on page 9
Aftermath of Adamu, Omisore's Ouster, APC NWC Postpones Caucus, NEC Meetings Kyari takes over in acting capacity PDP chief, Chidoka, suggests southeasterner as chairman Chuks Okocha and Adedayo Akinwale in Abuja The National Working Committee (NWC) of All Progressives Congress (APC) has again postponed its national caucus and National Executive Committee (NEC) meetings following the removal of the party’s National Chairman, Senator Abdullahi Adamu, and National Secretary, Senator Iyiola Omisore. To fill the vacancies in the interim, APC Deputy National Chairman, North, Abubakar Kyari, took over the running of the NWC pending the election of a substantive national chairman, while Deputy National Secretary, Festus Fuantar, replaced Omisore. But former Minister of Aviation and Peoples Democratic Party (PDP) member, Osita Chidoka, called on the ruling party to take action to ensure new executives of Continued on page 9
5TH MID-YEAR COORDINATION MEETING OF AFRICAN BODIES... L-R: President of African Development Bank, Dr Akinwumi Adesina, President Bola Ahmed Tinubu and President of Afreximbank, Dr Benedict Oramah during the 5th Mid-Year Coordination Meeting between the African Union, Regional Economic Communities and Regional Mechanisms in Nairobi, Kenya... on Sunday
Higher Food, Commodity Prices Raise Inflation to 22.79%... Page 5