shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » NEW PORTS ACT: Stakeholders Okay Independent Commercial Regulator

NEW PORTS ACT: Stakeholders Okay Independent Commercial Regulator

by Joshua
November 30, 2009
in Uncategorized

• NPA to Become Technical Regulator
• Shippers’ Council Looses Transmutation Bid
• BPE Drops NTC Dream

After several hours of brainstorming at a technical/business session, key stakeholders in the port system last week endorsed the creation of an independent port regulatory agency to superintend activities of players in the nation’s port system.
To be called Independent Port Regulatory Commission (IPRC), it is an integral aspect of the much-awaited Ports Bill. The Bill seeks to repeal the Nigerian Ports Authourity Act of 1999 and to establish in its stead the Nigerian Ports and Harbours Authourity.  It will also provide effective technical and economic regulation of the ports and institute a framework for Private Sector Participation, and for other related matters.
The consensus was reached when the House of Representatives committee on marine transport met with select members of the shipping community  at an exclusive session which held in Abuja and which was attended by about 11individulas and corporate representatives as well as two members of the committee. The meeting was chaired by the chairman, sub committee on bills, Hon CID Maduabum. It was also attended by the chairman, sub committee on NPA, Hon Lanre Agoro.
Stakeholders who attended included: Mr Vasl Usifo, Dr Waheed Kareem, Otunba Kunle Folarin, Mrs Mfon usoro, Mr Sesan Onileimo, Capt Abiodun Omoteso, Capt Niyi Adeyemo, , Mrs Ify Akerele, Mr Azuka Ogor (representing Nigerian Shippers’ Council) and a representative of  NPA.
Shipping Position Weekly had reported exclusively last week that the delay in the passage of the all-important bill was attributable to the sharp differences in the earlier position that was canvassed by the Bureau of Public Enterprises (BPE) and that of stakeholders and the believe of the lawmakers that a multi-sector agency in the name of National Transport Commission (NTC) is unworkable and unacceptable.
We had also hinted that the legislators were in the last lap of their consultations and that the final document will soon be laid before in the House soon.
The strategic meeting agreed that NPA should be the technical regulator, while the Independent Port Regulatory Commission will be the commercial regulator.
A copy of the new bill which was made available to Shipping Position Weekly revealed that the commission will have wide powers including: provision of  an economic and safety regulatory framework for the provision of services in the regulated ports operations,  provision of a mechanism for the monitoring compliance of government agencies and services in the regulated ports operations.

The IPRC will also be responsible for the creation of an enabling environment for private sector participation in the provision of services in ports operations, while ensuring a fair tariff regime, ensuring right pricing and standard services. It will also adjudicate in disputes between the various stakeholders.

Apart from the consensus on the IPRC, the development may have also put paid to the ambition of the Nigerian Shippers’ Council to transmute to the new regulatory agency. The meeting assessed the current role of the Council and submitted that as an interested party because of its statutory responsibilities as the protector of shippers, it can not saddled with the responsibility of a regulator. Similarly, the meeting conceded the responsibility of technical regulation to NPA, while agreeing that NPA can not be a commercial regulator.

Also indications emerged at the meeting that the BPE has dropped its previously held stand on the creation of a National Transport Commission (NTC) and has agreed with stakeholders on the IPRC.


Related Posts

Vessels Expected At Lagos Ports As At 2nd December, 2025

Vessels Expected At Lagos Ports As At 2nd December, 2025

December 2, 2025
Customs Intercepts Over $480,000, Other Foreign Currencies in Q3 2025

Customs Intercepts Over $480,000, Other Foreign Currencies in Q3 2025

November 10, 2025
$500 Million Spent Annually To Keep Piracy At Bay In The Gulf Of Guinea

Calls for Vigilance Due to Rise in Piracy and Robberies in 2025

October 27, 2025

NAGAFF Reports 2.7m Truck Movements, 65% Cost Reduction in Lagos Port Corridors

September 12, 2025

Discussion about this post

Latest News

BREAKING: Apapa Customs Seizes 25.5kg Cocaine Aboard Brazilian Vessel, Hands Over Drugs and Detained Ship to NDLEA

BREAKING: Apapa Customs Seizes 25.5kg Cocaine Aboard Brazilian Vessel, Hands Over Drugs and Detained Ship to NDLEA

December 6, 2025

Nigeria’s Reform Momentum Shows Africa Is Ready To Shape Global Customs Standards — WCO Chairperson; Wale Adeniyi

Shipping Association Raises Alarm Over Rising Stowaway Incidents

Afeni Assumes Leadership Of Ogun 1 Area Customs Command

Custom Seizes Petroleum Products Worth N181.6m In Adamawa 

NPA Highlights Streamlined Export Procedures at Kano International Trade Fair

MARAN Unveils Landmark Book Honouring 50 Trailblazers of Nigeria’s Maritime & Blue Economy

AfCFTA: Iheanacho Says Nigeria’s Maritime Sector Holds Key to Unlocking $3.4tr African Market

Shippers’ Council Advocates Policy, Infrastructure Reforms To Boost Non-Oil Export

Shippers’ Day 2025: Lagos Shippers Push for National Single Window, Demand End to Arbitrary Charges, Port Delays

LASG Congratulates President Tinubu, Minister Oyetola on Nigeria’s Return to IMO Category C

Sierra Leone, Cyprus Sign Landmark MoU to Deepen Maritime Cooperation

kindly like our Facebook page

Health

Take A Lot Of Fluid To Assist Your Kidneys Function Well, Experts Urge
Health

Take A Lot Of Fluid To Assist Your Kidneys Function Well, Experts Urge

November 24, 2025

Prof. Fatai Fehintola, Consultant Physician at College of Medicine, University of Ibadan (UI), has urged Nigerians to maintain healthy kidney...

Top Men’s Health Issues

Top Men’s Health Issues

November 24, 2025
All You Need To Know About Diabetes

Health Benefits Of Consuming Garden Egg

November 17, 2025
All You Need To Know About Diabetes

All You Need To Know About Diabetes

November 17, 2025
WHO Launches Campaign To Prevent Stem Rising Suicide In Africa

WHO Urges Swift Action To Curb Rising Diabetes Cases In Africa

November 17, 2025
Physical Exercises Key To Mental Fitness, Balance Lifestyle – Experts

Physical Exercises Key To Mental Fitness, Balance Lifestyle – Experts

November 10, 2025
SALT: Why You Need It, How Much Is Too Much, And How To Cut Back On Usage

SALT: Why You Need It, How Much Is Too Much, And How To Cut Back On Usage

November 10, 2025
How Your Habit Affects Fertility

How Your Habit Affects Fertility

November 10, 2025
SPECIAL FOCUS: Understanding Breast Cancer

SPECIAL FOCUS: Understanding Breast Cancer

October 27, 2025
SPECIAL FOCUS ON HERBAL MEDICINE

SPECIAL FOCUS ON HERBAL MEDICINE

October 20, 2025

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition