NPERA Commences Operation, Targets Fair Tariffs, Faster Cargo Clearance

Oluchi Chibuzor

The Nigeria Ports Economic Regulatory Agency (NPERA) has formally commenced operations as the statutory economic regulator of Nigeria’s ports, with a mandate to promote fair tariffs, faster cargo clearance, greater competition and a more predictable business environment.

The commencement follows President Bola Ahmed Tinubu’s assent to the Nigeria Ports Economic Regulatory Agency Bill, 2026, which established NPERA as the dedicated authority responsible for the economic regulation of the nation’s ports.

Chairman of the NPERA Governing Board, Dr. Ibrahim Shema, described the development as a “fundamental reform” of Nigeria’s port governance, saying the establishment of the agency was the culmination of nearly five decades of institutional evolution in port economic regulation.