Managing Director of NPA, Hadiza Bala-Usman
The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala-Usman has gave an insight into why Nigeria should continue benefit from dollar revenue on shipping operations in the country.
The NPA boss who noted that the organisation has been directed to collect payments in naira and not in dollars, insisted that dollar earning would benefit the nation than naira, since the international shipping trade is done in dollars.
Usman, who spoke at the 2017 Budget Performance and 2018 Budget Defence meeting with the House of Representatives Committee on Ports and Harbours in Abuja, said: “The marine industry payment is dominated in dollars, so, even if Nigeria collects the revenue in naira, Nigerians will not benefit from it because the…
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