Nigerian Ports Authority Secures Agency of the Year Honors Following Strategic Export Surge and Infrastructure Reinvestment

Nigerian Ports Authority honored for driving a 7.5 trillion naira trade surplus and launching a 1 billion dollar reconstruction project for Tin Can Island Port.

By: AXL Media

Published: Mar 16, 2026, 4:49 AM EDT

Source: The information in this article was sourced from THISDAY

Recognition for Maritime Leadership and Efficiency

The Nigerian Ports Authority has been formally recognized as the Outstanding Agency of the Year 2025 during a high profile ceremony hosted by Champions Newspaper in Lagos. Dr. Abubakar Dantsoho, the Managing Director of the NPA, characterized the accolade as a validation of the agency’s aggressive shift toward smart technology and sustainable logistics. By implementing streamlined maritime services, the authority aims to cement Nigeria’s status as the premier logistical gateway for the African continent, a vision that has gained significant momentum through recent administrative reforms.

Strategic Support and Economic Contributions

Through a representative, Mr. Ikechukwu Onyemekara, the agency credited much of its recent success to the policy direction provided by the Minister of Marine and Blue Economy, Adegboyega Oyetola. This collaboration has yielded tangible economic results, including a massive year on year trade surplus totaling 7.5 trillion naira in the second quarter of 2025. Data from the National Bureau of Statistics suggests that the majority of these export gains were processed directly through NPA managed platforms, highlighting the agency’s critical role as a driver of national fiscal stability.

Monetary Policy and Energy Security Gains

A cornerstone of the agency’s recent operational success has been its execution of the federal policy allowing for the sale of crude oil and petroleum products in local currency. According to the NPA, this transition to naira denominated transactions has effectively saved the federation billions in foreign exchange reserves while simultaneously bolstering domestic energy security. Beyond the immediate financial savings, the move is credited with improving the national trade balance and stimulating job creation within the domestic maritime and energy sectors.