NPERA commences operations, draws new rules for Nigerian ports

The Nigeria Ports Economic Regulatory Agency (NPERA) has officially commenced operations, marking a major change in the way commercial activities at the nation’s seaports will be regulated.
The new agency, established under the Nigeria Ports Economic Regulatory Agency Act, 2026, is expected to bring greater order, transparency and predictability to the port business while improving Nigeria’s competitiveness as a regional trade hub.
Speaking at a press briefing in Lagos yesterday, Chairman of the NPERA Governing Board, Dr. Ibrahim Shema, described the development as a major milestone in the evolution of Nigeria’s port system.
Shema said the new law gives permanent legal backing to ec...