In accordance to him: “International financial and inflation crises, world discount in family incomes and buying energy and shortage of international alternate all of which has negatively affected enterprise atmosphere, affected Authorities revenue and constrained expenditure. Mr Koko stated that, within the face of world financial and inflation crises, amongst others unfavourable elements, the half-year operational statistics have been encouraging, including that they’d bolstered spectacular remittances to the Consolidated Revenue Fund (CRF) of the Federal Authorities He said that “the remaining sum of N28,241,041,083.00 (twenty-eight billion, 200 and forty-one million, forty-one thousand, eighty-three Naira) relates to the remittance with respect to different durations.”

Mr Koko stated within the launch that “a breakdown of the determine signifies that N50,255,925,779.20 (fifty billion, 200 and fifty-five million, 9 hundred and twenty-five thousand, seven hundred and seventy-nine Naira, twenty kobo) represents money remittances, the obligatory deduction of 25% of revenue generated and different sundry funds for absolutely the interval of January-June 2022.” These disclosures have been contained in a half-year 2022 operational experiences launched by the NPA Managing Director and Chief Government Officer, Mohammed Bello Koko.

The NPA, in the identical interval, remitted N78,496,966,862.20 (Seventy-two billion, 4 hundred and ninety-six million, 9 hundred and sixty-six thousand, eight hundred and sixty-two naira and twenty kobo) to the Consolidated Revenue Fund (CRF) of the Federation.

The Nigerian Ports Authority (NPA) has generated a complete revenue of N172,285,626,312.00 (100 and seventy-two billion, 200 and eighty-five million, 600 and twenty-six thousand and twelve naira solely) from its operations within the first half of 2022.

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