Business Maritime
New Law Will End Arbitrary Shipping Charges, Enforce Compliance — NPERA Boss
Published
3 weeks agoon
BY EGUONO ODJEGBA
The Nigerian Ports Economic Regulatory Agency (NPERA) has declared that the long-awaited transformation of the nation’s shipping sector is now achievable, following the passage of a powerful new establishing law designed to act as a strong deterrent against regulatory breaches.
Speaking while receiving the newly elected executive members of the League of Maritime Editors (LOME) in his office, the Director-General of NPERA, Dr. Pius Akutah, asserted that it will no longer be “business as usual” for service providers or consumers who violate established maritime regulations.
Dr. Akutah emphasized that the legislation grants the agency full statutory enforcement powers to curb arbitrary practices.
“Any arbitrary increase that used to happen in the past is now an issue that we can legally enforce, taking actions that will involve the payment of fines,” he said.
Contrasting the old framework with the new mandate, Akutah explained that under the former law, NPERA’s role was limited to negotiating with foreign shipowners on behalf of shippers before tariffs were introduced. In contrast, the new law explicitly empowers the agency to directly fix and approve tariffs before implementation.
However, the Director-General assured stakeholders that NPERA would not act heavy-handedly or shut down businesses, recognizing the potential adverse effects such actions could have on the broader economy.
Responding to questions regarding the agency’s operational strategy following presidential assent to the NPERA bill, Akutah outlined a phased approach focused on education before full enforcement:
”Gradually, people will come to know what the law says. They will readjust their structures and reset their businesses to conform with the provisions of the law. Once the period we set for public enlightenment and stakeholder education is complete, full implementation will commence.
”However, if we implement this law and there is no efficiency or revenue generated in the sector, it means the law has not achieved its purpose. You will all witness the rollout of this law and contribute in areas where you think we may be missing something,” he noted.
He urged maritime journalists to study the legislative text thoroughly to enable informed media evaluation and objective reporting on the agency’s processes.
”We are going to engage in extensive stakeholder sessions where we will speak frankly and receive feedback. If you don’t read the document, you may not understand it, but if you read it, everything becomes clear,” he added.
Dr. Akutah congratulated the new LOME executive team led by its President, Mr. Felix Kumuyi, and commended maritime journalists for their persistent advocacy during the legislative push for the NPERA bill.
He stressed that media partnership remains vital as the industry undergoes a major policy shift.
“When there is a policy shift, it is essential to communicate it effectively so people understand what is in it for them. We need each other now more than ever because you were in the trenches fighting for the enactment of this law. Now that it is here, what do we do with it?
“It is important that you join hands with us as one family to quickly transition to the implementation stage for the good of the Nigerian people. Expectations are high regarding what will be done differently.
“With this law, we are confident in our evolution into a fully fledged revenue-generating regulatory body. Beyond our mandate, we rely on your feedback to catch what we might miss. Our duty now is to serve as an impartial arbiter balancing the interests of both service providers and consumers.
”We are no longer a one-sided organization advocating solely for shippers, but one protecting all interests to ensure a transparent, symbiotic relationship. We will also work to harmonize price regimes. In Nigeria, prices usually go up and never come down; we intend to create mechanisms where tariff adjustments naturally reflect true market realities,” Akutah explained.
In his remarks, LOME President Felix Kumuyi congratulated the Director-General and his management team on securing presidential assent from President Bola Tinubu.
Kumuyi commended Akutah’s achievements since assuming office in 2023, particularly his leadership in driving the passage of the NPERA bill. Expressing optimism about the sector’s growth trajectory under the new regulatory framework, Kumuyi pledged LOME’s continued support.
Continue Reading
Advertisement
You may like
-
Logistics Synergy: NPA Advances Integration of ICDs Under New Reform Agenda
-
Port Regulation Critical To Fisheries, Blue Economy – NPERA DG, Akutah
-
MARCON Set To Host Conference On Sustainable Fishing In Lagos
-
Oyetola’s Strategic Investment Moves Reaches Copenhagen
-
Port Reforms: Oyetola Sets Up Ministerial Committee
-
NSC/NPERA proposes National Port Competitiveness Index, cargo distribution strategy
Click to comment
Advertisement
Business9 hours ago
How Anani’s Tin Can Command Intercepted a ₦3.6 Billion Illicit Drug Shipment
Customs Report9 hours ago
Ibrahim, Ogun 1 Customs New Sheriff Unveils Strength Beneath His Quiet Mien
Business13 hours ago
Logistics Synergy: NPA Advances Integration of ICDs Under New Reform Agenda
Business4 days ago
Teamwork, Discipline, Central to Our Enforcement Mandate —Jonah Charges Customs Marine Operatives
Uncategorized4 days ago
How the UAE-Nigeria Partnership Can Transform Our Ports
Business4 days ago
Cross River, FTZ Customs Gets New Impulse
Business4 days ago
CGC Adeniyi Signs Anti-Corruption Documents, Activates ICRAM Steering Committee
Customs Report5 days ago
Nigeria Customs Marks Breast Cancer Awareness Month in Abuja
Business Maritime1 week ago
NIMASA To Host Webinars on Automation of Nigerian Ship Registry
Business Maritime1 week ago
NPA Moves To Cut Export Bottlenecks, Targets Forex Inflows
Business Maritime2 weeks ago
NPA Congratulates ANLCA on 72nd Anniversary, Reaffirms Support for Port Modernisation
Uncategorized2 weeks ago
Afeni Lands at FOU Zone ‘A’ in Acting Controller Capacity
Customs Report6 years ago
ANLCA Board is intact, cannot be wished away by anybody’-Elochukwu
Maritime2 years ago
B-R-E-A-K-I-N-G: Effedua, Rector MAN Oron, Resigns
Features2 years ago
EFCC’s Probe: Okowa Plots Sheriff’s Removal Despite London Accord
Business2 years ago
Customs Trains ANLCA Members, Others on B’Odogwu Portal
Analysis2 years ago
NPA’s Alleged Executive Management Fight: The Half Truth & Truth
Features2 years ago
ANLCA Board Election: Know Your Candidates
Interview2 years ago
‘Why We Launched B-Odogwu Pilot Scheme With Webb Fontaine Still Running’ – Adeniyi
Maritime2 years ago
Onyemekara Promoted GM, Appointed NPA’s New Spokesperson
Customs Report2 years ago
Nigeria Customs: Trust, Competence And The Oramalugo Factor
Uncategorized2 years ago
‘Rush To Break News Can Lead To Brush With Cybercrime’- Police
Customs Report1 year ago
Kebbi Is Hub of Hard Drugs Smuggling In Northern Region’ – Oramalugo
Customs Report1 year ago
Apapa Customs Collects ₦161b On B’Odogwu Platform In 3 Weeks
Advertisement
Enter ad code her
