2026 budget: NPA proposes 62% CapEx allocation to drive port modernization

The Nigerian Ports Authority (NPA) has proposed a 62% allocation of its Internally Generated Revenue (IGR) toward Capital Expenditure (CapEx). During a budget defense session before the Senate Committee on Marine Transport, the NPA management led by the Managing Director, Dr Abubakar Dantosho outlined a shift toward massive physical and technological renewal across the nation’s ...