ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Sunday, August 16, 2026
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
Home Top Stories

Maritime Workers Threaten Strike Over Proposed 50% Revenue Reduction From NPA

“Automatic deduction of 50% of its internally generated revenue shall leave the Authority financially incapacitated to discharge these responsibilities to the host community, which may lead them to resort to unhealthy activities. 

by NewsOnline Nigeria
February 13, 2024
in Top Stories
0
Maritime Workers

Maritime Workers have threatened strike over proposed 50% revenue reduction from NPA.

 

NewsOnline Nigeria reports that Maritime workers have issued a warning of a potential nationwide strike if the Federal Government proceeds with its plan to automatically deduct 50% from the revenue earned by the Nigerian Ports Authority (NPA).  

 

This caution was conveyed in a joint statement by the Senior Staff Association of Statutory Corporations and Government-Owned Companies (SSASCGOC) and the Maritime Workers Union of Nigeria (MWUN) in Lagos. 

 

ALSO: Elisha Abbo Challenges Critics To Sue Him Over Claims Against Judges

 

The statement, signed by the Presidents of both unions, Mr. Akinola Bodunde and Mr. Adewale Adeyanju respectively, highlighted that they have already sent a letter to the President concerning this matter.  

 

The unions emphasized that if the decision is not reversed, it will result in the withdrawal of workers and a complete shutdown of ports across the country.  

 

They are advocating for a 30% deduction from NPA’s revenue instead of the proposed 50%.  

 

“Automatic deduction of 50% of its internally generated revenue shall leave the Authority financially incapacitated to discharge these responsibilities to the host community, which may lead them to resort to unhealthy activities. 

 

“We recommend that 30% of the revenue internally generated by the Authority could be automatically deducted whilst 70% is left for the Authority to accomplish its overhead costs and statutory responsibilities, failure of which the Union would have no other option than to withdraw the services of its members from all Ports formations nationwide,” the statement read in part.  

 

Speaking on behalf of the union, Mr. Akinola Bodunde, President of SASCGOC, emphasized the significant financial consequences that such a deduction would have on the operational capabilities of the NPA.  

 

Bodunde clarified that as the NPA relies on its internally generated revenue (IGR), a 50% reduction would severely impact its operational abilities.  

 

He pointed out that the decrease in revenue could endanger vital maritime operations such as dredging port channels and maintaining infrastructure, ultimately affecting vessel traffic and port activities.  

 

Bodunde also highlighted the risks to workforce development and community relations due to the potential outcomes of the proposed deduction. 

 

Additionally, Mr. Adewale Adeyanju, President General of MWUN, stressed the importance of a well-trained workforce for efficient port operations. Adeyanju voiced concerns that the decrease in revenue could impede investment in employee training and welfare.  

 

He expressed worry over the NPA’s ability to fulfil its obligations to host communities, warning that this could lead to unrest and social upheaval.  

 

Subsequently, the MWUN president issued an ultimatum to the government, demanding a revision of the directive to allow for a more reasonable deduction from internally generated revenue.

Previous Post

Elisha Abbo Challenges Critics To Sue Him Over Claims Against Judges

Next Post

UK Set To Sign New Trade Deal With Nigeria, To Allow UK Lawyers Practise In Nigeria

Next Post
UK

UK Set To Sign New Trade Deal With Nigeria, To Allow UK Lawyers Practise In Nigeria

Trending Stories

Maritime Workers

Maritime Workers Threaten Strike Over Proposed 50% Revenue Reduction From NPA

Adeleke Winner Of Osun Governorship Election

BREAKING: INEC Declares Adeleke Winner Of Osun Governorship Election

Osun Governorship Election Results

Osun Governorship Election 2026 Live Updates, Polling Unit Results and Latest News

Adeleke

BREAKING: Adeleke Coasts To Victory In Osun Governorship Election (Live Results)

Baltasar Engonga Wife Video Knacking Another Man

Watch Full Baltasar Engonga Wife Video Knacking Another Man [#BaltasarEngonga]

Sex Tape

President 50-Year Old Daughter’s Sex Tape Breaks The Internet (WATCH HERE)

Osun Election Results

Osun Election Results 2026: Live Updates From 30 Local Government Areas

Ademola Adeleke Biography

Ademola Adeleke Biography, Age, Wife, Children, Net Worth, Controversy

Osun Governorship Election Results

BREAKING: INEC Uploads 37% of Osun Governorship Election Results to IReV

BF Video Lyrics 2023

BF Video Lyrics 2023 Worldwide Trending: BF Video Ideas And Meaning

Latest Stories

Adeleke Winner Of Osun Governorship Election

BREAKING: INEC Declares Adeleke Winner Of Osun Governorship Election

Adeleke

BREAKING: Adeleke Coasts To Victory In Osun Governorship Election (Live Results)

Osun Election Results

Osun Election Results 2026: Live Updates From 30 Local Government Areas

Osun Governorship Election Results

BREAKING: INEC Uploads 37% of Osun Governorship Election Results to IReV

Adeleke

Adeleke Demands Release of Osun PDP Chairman Sunday Bisi

Osun Governorship Election Results

Osun Election Results 2026: Live Polling Unit Updates as Vote Counting Begins

Governor Ademola Adeleke

BREAKING: Ademola Adeleke Coasts To Victory in Osun Governorship Election

Lesson360 Founder Ekweoba Arnold Chukwuebuka

Lesson360 Founder Ekweoba Arnold Chukwuebuka Receives 2026 Nelson Mandela Impact Makers Award

Osun Governorship Election Results

Osun Governorship Election 2026 Live Updates, Polling Unit Results and Latest News

American Missionary Kevin Rideout

BREAKING: American Missionary Kevin Rideout Freed After Nine Months in Niger Captivity

NewsOnline 2026

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2026 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria