Hadiza Bala Usman: I have made highest remittance to Consolidated Revenue Fund

“Our revenue generation has increased, our contribution to the Consolidated Revenue Fund has been the highest the Nigerian Ports Authority ever made. So, it has been a very productive four years for the Nigerian Ports and for the country as a whole.
The above statement was made by the Managing Director of Nigeria Ports Authority (NPA), Hadiza Bala Usman, on Tuesday during a programme on Television Continental (TVC) in Lagos.
To her, the agency’s remittance to the Consolidated Revenue Fund (CRF) – an account owned and managed by the Federal Government – is highest under her tenure.
“The consolidated revenue fund has been the highest the NPA has ever made. The revenue generating agency has risen up to the challenge and has increased its contribution and also increased operational efficiency.”
But, she said one of the concerns the NPA has “that makes Nigerian ports in totality not competitive is the absence of deep seaports”.
She said her administration would work with the NPA board to ensure deep seaports are made available soon.
Speaking on her experiences in office, she said: “It has been very interesting and challenging in some instances but overall, it has been a very fruitful journey. We have seen Nigerian ports move above some bounds,” she said.
In October last year, she had said under her watch, the NPA increased the CRF of the agency from N18 billion to N30 billion.
“In other areas, I would speak on our contributions to the Consolidated Revenue Funds (CRF). When we inherited it, we had a contribution of about N18 billion, but we remitted N30 billion in 2017, N30 billion in 2018,” she had said.
“These are clear differentials since my joining Nigerian ports. If you look at an N18 billion contribution to CRF, and then a N30 billion contribution, you can see that there is a huge difference.”