The Director-General and Chief Executive Officer of the Nigerian Ports Economic Regulatory Agency (NPERA), Dr. Pius Akutah, MON, has been honoured with a Sustainability Award for Investment and Economic Development in London. The award, which was presented to him at the Nigeria Conversation on Trade and Investment London 2026, was organised by the Royal Commonwealth Society, Nigerian Branch in recognition of his contributions to investment promotion and economic development in Nigeria, came on the heels of President Bola Ahmed Tinubu’s assent to the NPERA ACT, 2026. The event brought together government officials, business leaders and other stakeholders to explore prospects and opportunities for sustainable economic and industrial development in Nigeria. Speaking on the theme, “Towards Sustainable Economic and Industrial Development in Nigeria – Prospects and Opportunities,” Dr. Akutah highlighted the enormous investment opportunities presented by Nigeria’s marine and blue e...
In a move aimed at creating a clear separation between port economic regulation, development and operations, the Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, has directed the transfer of the inland dry port (IDP) functions of the Nigerian Shippers’ Council (NSC) to the Nigerian Ports Authority (NPA). In a statement issued by his Special Adviser Dr. Bolaji Akinola in Abuja on Thursday, the Minister also directed the immediate constitution of a ministerial committee to oversee the transition of the Nigerian Shippers’ Council into the newly established Nigeria Ports Economic Regulatory Agency (NPERA), following President Bola Ahmed Tinubu’s assent to the NPERA Act, 2026. The directives are part of measures to establish a clear institutional framework for the new port economic regulatory regime, eliminate overlapping responsibilities and ensure that agencies under the Federal Ministry of Marine and Blue Economy operate within clearly defined mandates. The NPERA A...