• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Economy

NPA reports strong 67% surge in vehicle imports

Victory Emmanuel by Victory Emmanuel
May 11, 2026
in Economy
0 0
0
NPA
0
SHARES

Vehicle imports in Nigeria rose by 67% in Q1 2026 as NPA records stronger cargo traffic and maritime sector growth

The Nigerian Ports Authority has reported a sharp rise in vehicle imports and cargo activities across the nation’s ports in the first quarter of 2026, signalling growing momentum within Nigeria’s maritime sector.

Also read: Nigeria, US vehicle imports hit $518m in six months

According to the NPA’s Q1 2026 Operational Performance report, total vehicle units handled during the period increased by 67 per cent to 58,870 units, compared to 35,262 units recorded in the corresponding period of 2025.

The authority said the strong performance reflects increasing trade activity, improved port efficiency and rising confidence among international shipping operators using Nigerian ports.

The report also revealed that Gross Registered Tonnage for ocean-going vessels rose by 19.5 per cent to 46.75 million during the quarter, indicating a growing shift towards larger-capacity vessels.

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

The NPA attributed the trend partly to the operational impact of the Lekki Deep Seaport and expanding regional trade opportunities linked to the African Continental Free Trade Area.

According to the authority, total cargo throughput excluding crude oil terminals climbed by 11.6 per cent year-on-year to 32.38 million metric tonnes, up from 29.02 million metric tonnes in Q1 2025.

The report stated that stronger import and export activities, improved cargo handling productivity and sustained demand for port services contributed significantly to the growth.

Outward cargo traffic recorded one of the most impressive gains during the quarter, surging by 23.7 per cent to 14.13 million metric tonnes.

The NPA noted that the increase reflects stronger export competitiveness and deeper integration into regional and global supply chains.

Outward laden container traffic also rose sharply by 67.6 per cent, increasing from 61,332 twenty-foot equivalent units in Q1 2025 to 102,803 TEUs in Q1 2026.

The authority linked the performance to improved export logistics, enhanced terminal efficiency and stronger operational coordination across port facilities.

Transhipment container activities rose by 83.1 per cent during the period, further strengthening Nigeria’s position within regional maritime trade and logistics networks.

Managing Director of the NPA, Abubakar Dantsoho, said Nigeria must modernise its port system to remain competitive within the rapidly evolving African trade environment.

Speaking at an industry forum in Lagos, Dantsoho stressed that efficiency, innovation, speed and reliability would determine which countries emerge as dominant cargo hubs under AfCFTA.

“The time has come for a paradigm shift in the structure of Nigeria’s economy towards the full utilisation of our marine resources. Our port system, if properly harnessed, can serve as a major driver of economic growth,” he said.

The Federal Government is currently advancing several infrastructure and digitalisation initiatives across the maritime sector, including the deployment of the Port Community System and the National Single Window platform aimed at streamlining cargo clearance and reducing delays.

Also read: China’s trade surplus hits record $1.2 trillion in 2025

Authorities have also intensified investments in rail connectivity, inland dry ports, barging operations and export corridors to improve cargo evacuation and ease congestion around major port routes.

Victory Emmanuel
Victory Emmanuel

Victory Emmanuel is a journalist and contributor to Freelanews.com, covering news, business, and public affairs.

Related Posts

CBN
Economy

Nigerians repay N1.33tn personal loans amid credit decline – CBN

by Quadri Olaitan
March 8, 2026
Otedola
Finance

Otedola champions First Holdco’s comeback, aims for Africa’s top bank spot

by Peculiar Adirika
May 23, 2025
B’Odogwu system
Business

B’Odogwu system drives record N16.4bn revenue in one day at Tincan Port

by Peculiar Adirika
August 22, 2025
Climate Change
Economy

Lagos leads Africa with bold Climate Change Summit

by Quadri Olaitan
October 25, 2025
Go Cashless policy
Business

FAAN launches Go Cashless policy to triple revenue

by Peculiar Adirika
September 30, 2025

Leave a ReplyCancel reply

ADVERTISEMENT

Recent News

midlife

Women embrace wild midlife retreats for stress relief

June 23, 2026
Louisiana

New Orleans man, 23, becomes first in Louisiana cured of sickle cell disease

June 23, 2026
Oshodi

Lagos shuts Oshodi market after violent trader attack

June 23, 2026
SEC

SEC cracks down on Dangote Refinery IPO promotions

June 23, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
midlife

Women embrace wild midlife retreats for stress relief

June 23, 2026
Louisiana

New Orleans man, 23, becomes first in Louisiana cured of sickle cell disease

June 23, 2026
Oshodi

Lagos shuts Oshodi market after violent trader attack

June 23, 2026
SEC

SEC cracks down on Dangote Refinery IPO promotions

June 23, 2026
June 2026
SMTWTFS
 123456
78910111213
14151617181920
21222324252627
282930 
« May    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • DSC01136 2 scaled

    Rotary Club of Ikoyi Metro wins global Rotary award after N150m hospital upgrade

    0 shares
    Share 0 Tweet 0
  • “What’s your name? What’s your rank?” Rivers CP challenges officers blocking highway in viral video

    0 shares
    Share 0 Tweet 0
  • First Bank MD Alebiosu receives threatening envelope with bullets

    0 shares
    Share 0 Tweet 0
  • Cubana Chief Priest tells Arise TV to host DNA test for Hellen Ati, her alleged son

    0 shares
    Share 0 Tweet 0

Just Published!

midlife

Women embrace wild midlife retreats for stress relief

June 23, 2026
Louisiana

New Orleans man, 23, becomes first in Louisiana cured of sickle cell disease

June 23, 2026
Oshodi

Lagos shuts Oshodi market after violent trader attack

June 23, 2026
SEC

SEC cracks down on Dangote Refinery IPO promotions

June 23, 2026
kidnap

Woman admits faking kidnap over N4m debt in Edo

June 23, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Editorial Charter
  • Corrections Policy
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.