NPA Targets N92b Revenue, Deploys IT To Plug Leakages | Independent Newspapers Limited
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NPA Targets N92b Revenue, Deploys IT To Plug Leakages

Posted: Sep 4, 2015 at 5:02 am   /   by   /   comments (0)

By Andrew Utulu,


The Nigeria Ports Authority, NPA, on Thursday in Lagos said it hopes to achieve N91.9 billion in revenue this year, up by 36 percent from last year’s revenue, following ongoing efforts to plug inherent leakages in its system.

The agency, according to its managing director, Malam Habib Abdullahi, plans to achieve the target by introducing the fully integrated Revenue Invoicing Management System (RIMS).

The RIMS is expected to take off in October, 2015, helping to generate about N55 billion from cargo, as against N40 billion it recorded in 2014.

Speaking during the launch of the system in Lagos, Abdullahi stated that the scheme would allow customers to initiate and conclude their business processes with NPA and also communicate with the agency.

According to him, “The introduction of this system has the potential to improve our service offering, improve our partner relationship, create efficient payment method, maximise revenue and minimise loss associated with fraud and revenue leakage.”

“The customer self service portal on the other hand provides a platform for our customers to initiate and conclude their business process with NPA and also communicate with us.

“The benefits accruing from this portal includes amongst others: Improve customer service delivery; easy access to customer accounts status; view all transactions and status in respect of bills; electronic upload of manifest and E-invoice and e-receipt generation,” he said.

Speaking further, Abdullahi stated that the introduction of the solution would facilitate business growth and unlimited operations.

In his words, “It is obvious that the introduction of these solutions will facilitate business growth with high performance and unlimited scalability of the operations of the Authority.

“This is evident from statistics which have shown that cargo throughput increased from 46, 150, 518 metric tons in 2006 to 86, 603, 903 metric tons in 2014 indicating an 87% increase during that period which is due in part to our continued efforts at improving processes,” he said.

Also speaking, the Executive Director, Finance and Administration, Mr. Olumide Oduntan, while giving presentation on the RIMS, noted that the process was fully integrated with existing solutions as oracle financials and others.

Olumide added that the introduction of Electronic Ship Entry Notice (E-SEN) has helped to increase revenue status of the Authority.

In addition, the ED, F&A added that only few organisations could boast of the achievement made by the NPA in terms of the introduction of RIMS.

In attendance at the occasion were terminal operators, shipping line agencies, freight forwarders and other relevant stakeholders.