FG Fiscal Policies Hinder NPA Performance

The Nigerian Port Au
thority (NPA) has attributed the poor result ahceived in 2013 by the authority to the Federal Government’s fiscal polices.
In a statement on the Authority’s scorecard issued by the Managing Director, Mallam Habib Abdullahi and made available to The Tide in Port Harcourt the authority’s poor performance is on the doorstep of the Federal Government.
The Authority 2013 scorecard blamed fiscal measures that restricted some imports into the country and other sundry factors as the authority’s operational bane.
The NPA scorecard signed by the Authority Assistant General Manager (AGM) Public Affairs, Mr Musa Iliya, stated that market forces were part of factors that limited the activities of the authority in 2013.
The statement noted that “recent research revealed that generally, each port is being shaped by the market forces dictated by the commodity demand  and by the particular port user.
Abdullahi said the decline experience in some products are traceable to the general economic factors, such as ban on the importation of cement among others.
He also said the increase in rice traffic has reduced the importation of the commodity to the country through the country various ports, rather rice were being smuggle through another route in the country.

Philip Okparaji