NIGERIA’S NEW PORTS REGULATOR: KEY PROVISIONS OF THE NIGERIAN PORTS ECONOMIC REGULATORY AGENCY ACT, 2026 – (Cont’d)

Continued from last week; the Nigerian Ports Economic Regulatory Agency Act, 2026, establishes NPERA as the new statutory ports regulator by transitioning the Nigerian Shippers’ Council. The Act empowers the agency to enforce binding directives, control and approve port tariffs, mandate service provider registrations, and oversee compliance, significantly enhancing transparency, institutional independence, and operational accountability across Nigerian ports.