President Tinubu Approves New Ports Regulator
President Bola Tinubu has approved the Nigerian Ports Economic Regulatory Agency, NPERA, bill 2026, clearing the way for the creation of a new body to oversee economic activities in Nigeria’s port sector.
The approval was made known by the Executive Secretary and Chief Executive Officer of the Nigerian Shippers’ Council, NSC, Dr Pius Akutah, through a social media post.
The new law is expected to provide a legal framework for economic regulation at the country’s ports and give the sector a dedicated agency with clearly defined powers.
Meanwhile, the move comes after several years of efforts by the Federal Government and the National Assembly to establish a statutory economic regulator for the port industry.
