New regulatory environment kicks off at ports

The Nigeria Ports Economic Regulatory Agency (NPERA) has formally commenced operations, ushering in a new era designed to make Nigeria’s ports more transparent, competitive, predictable and efficient.
The commencement follows President Bola Ahmed Tinubu’s assent to the Nigeria Ports Economic Regulatory Agency Bill, 2026, which established NPERA as the statutory authority responsible for the economic regulation of the nation’s ports.
Chairman of the NPERA Governing Board, Dr. Ibrahim Shema, traced the evolution of port economic regulation to the establishment of the Nigerian Shippers’ Council in 1978 and the concessioning of port terminals in 2006. He noted that the Shippers’ Council w...