Recession: NPA Introduces Tenancy Rates For Agencies At Seaports

TIN news:   As part of measures to generate additional revenue for the federal government, the Nigerian Ports Authority (NPA) is considering renting out all spaces hitherto occupied by government and private agencies at the nation’s seaports.
This was disclosed by the executive director, marine and operations, Dr Sokonte Davies, who explained that as the port area is a commercial entity, “all tenants should be ready to pay rent at a rate to be determined by the management of the NPA”.
The executive director, according to a statement issued by the general manager, Public Affairs, Chief Michael Ajayi, spoke while on a familiarisation tour of locations in the Lagos Ports Complex.
He explained that the payment for the rent, as it concerns government agencies would only apply to those who have budgetary provision for such rents in the ports.
He implored operators within the port to improve the sanitary conditions at their operational areas whilst assuring that the management of the organisation would provide them with the requisite enabling environment towards ensuring efficient operation at the port to make their working condition conducive.