NPERA sets N20m corporate penalty for port infractions
The Nigerian Ports Economic Regulatory Agency (NPERA) has set a N20m maximum penalty for corporations committing infractions at Nigerian ports. Read More: https://punchng.com/npera-sets-n20m-corporate-penalty-for-port-infractions/
Dr Pius Akutah, Director-General of the Nigerian Ports Economic Regulatory Agency (NPERA), announced that the agency has increased its legal provisions for penalizing corporate infractions, with the maximum penalty being N20 million. He stated that the highest penalty for a company, where they repeatedly violate the law, can be increased.
Akutah emphasized that the agency's aim was not to disrupt port operations but to create a deterrent regime through the provisions of the new law, encouraging stakeholders to comply with established standards.
Written by urgent.news from Punch's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
