The Nigerian Ports Authourity says that it is hoping to generate whopping N114 revenue in 2009 even as it stresses that it has continued to meet its obligations to the nation and meet the expectations of port users.
Giving the hope recently was the executive director, finance and administration of the agency, Mr. Tola Atekoja when he received members of the House of Representatives committee on pension on behalf of managing director, Malam Abdusallam Mohammed.
The projected N114Billion is a about 27Billion higher than what the agency netted last year.
The Executive Director, had while briefing the committee members who were led by their chairman, Hon Rasak Adewusi assured that prompt payment of pensions was a major priority of the current management of NPA.
According to him, the management is dealing with 21 pension fund administrators (PFA’S) and RSA‘S have been opened by staff for the remittance of both employer and employee contributions, in compliance with the Pensions Reforms Act.
He revealed that a major challenge is the upgrading of the manual identification of pensioners to auto finger identification using biometrics
Furthermore he informed the committee that through debt management the outstanding deficit have been reduced to about N2.2Million
Responding, the committee’s chairman expressed the determination to henceforth witness the verification exercise of NPA pensioners in order to ensure transparency in payment of entitlements.
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