Ports authority work often happens behind the scenes, yet it drives trade and growth across the country.
The Nigerian Ports Authority (NPA) targets ₦1.489 trillion in 2026.
Ports Revenue Target And Strong Performance
Managing Director Dr Abubakar Dantsoho presented this during the budget defence before the Senate Committee on Marine Transport.
Consequently, the target reflects confidence and steady progress.
In 2025, the NPA aimed for ₦1.468 trillion, and it exceeded that figure.
It recorded ₦1.97 trillion in actual revenue.
Therefore, this performance supports the higher 2026 goal.
Budget Plan And Financial Strategy
The NPA will invest ₦945 billion in capital projects and ₦447.5 billion in operations.
In addition, it allocates ₦90.6 billion to the Consolidated Revenue Fund.
This plan balances investment with accountability.
Moreover, it promotes efficiency and sustained growth.
Modernisation And Trade Reforms
Modernisation remains central to the NPA’s strategy.
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Nigeria’s ports face rising demand and ageing infrastructure.
As a result, the authority focuses on key hubs.
Apapa Port is nearly 100 years old, while Tin Can Island Port has operated for over 50 years.
Both require upgrades.
The NPA will begin modernisation within weeks.
It aims to expand capacity and improve efficiency.
The government supports reforms with a £746 million UK-backed agreement.
It introduces digital systems and reduces congestion.
The National Single Window will cut cargo dwell time from 21 days to under 7 days.
In 2025, cargo throughput rose by 24.8% to 129.3 million metric tonnes.
Lekki Deep Sea Port led with 40.6%, while Onne Port followed with 19.1%.
These figures show growth and rising pressure.
Therefore, they highlight the need for continued reform and investment.
