FINANCIAL STATEMENT OF NIGERIA PORTS AUTHORITY YEAR 2016 BUDGET DESCRIPTION 2016 ANNUAL FORECAST =N’000 REVENUE: OPERATIONAL REVENUE ADMINISTRATIVE REVENUE TOTALLY INTERNALLY GENERATED REVENUE INCOME FROM OTHER SOURCES GROSS REVENUE FOR THE YEAR WAIVERS, REBATES, VOLUME CHANGE AND OTHER DEDUCTIONS NET REVENUE FOR THE YEAR 156,993,279 46,752,258 203,745,537 12,617,857 216,363,394 (15,217,140) 201,146,254 EXPENDITURE LIMITED TO (75% of (Projected Revenue) OPERATING EXPENSES: 150,859,691 PERSONNEL TOWAGE AND SUPPLIES 28,275,110 8,875,666 REPAIRS & MAINTENANCE ADMINISTRATIVE EXPENSES 995,112 29,747,141 TOTAL RECURRENT EXPENDITURE 67,853,069 CAPITAL EXPENDITURE CAPITAL EXPENDITURE 83,091,101 TOTAL EXPENDITURE 150,944,170
48 Construction of Calabar Finger Jetty - 49 Construction of Jetty Igga, Enugu State 150,000 50 Geo-Technical study/Reconstruction of Terminal A, Warri Port - 51 Rehabilitation of AMS terminal in old Port, Warri - 52 Rehabilitation of Julius Berger terminal, Warri - 53 Rehabilitation of Ikorodu Lighter Terminal (KLT)- construction including consultancy 350,000 54 Consultancy for Atlas Cove tanker jetty/Reconstruction - 55 Rehabilitation of sheet steel pile wall at CSL Shoreline Dockyard near Waziri jetty - 56 Rehabilitation of sheet steel pile wall at LPC & TCIP 75,000 57 Proposed Shoreline protection between Integrated Oil and the Tin Can Island bridge opposite Berth 12, TCIP - 58 Proposed Construction of Jetty at Ogogoro Island for Nigerian Navy 200,000 59 Proposed Rehabilitation of Moiver Jetty, Calabar - 60 Consultancy for the feasibility Study & Design of the Escravos Breakwaters at the proposed new port at Ogidigbe 500,000 61 Geo-Technical Investigation of Escravos Channel Dredging at Ogidigbe 501,000 62 Condition survey (Under/above water of the steel/concrete pile bulheads for wharves for all ports - SUB-TOTAL 16,846,374 ROADS AND SIDINGS 63 Snake Island Link Road - 64 Provision of rail network in TCIP Port-Construction including Consultancy 97,000 65 Expansion & Rehabilitation of TCIP Service Lane 400,000 66 Reconstruction of Access Road (Industry Road), PH -
117 Consultancy, Civil Works, Software, Hardware installation and commissioning VTMIS-Lagos Pilotage District - 118 Consultancy, Civil Works, Software, Hardware installation and commissioning VTMIS-Bonny Island - 119 Design, Construction & Equipping functional NPA Data Centre 480,000 120 Design, Construction & Equipping functional IT Training Centre at Eastern HQ - SUB-TOTAL 2,017,326 OFFICE FURNITURE & EQUIPMENT 121 Office Furniture 450,000 122 Office Equipment 43,000 123 Medical Equipment 90,823 124 Management Library SUB-TOTAL 583,823 PORT LIGHTNING 125 Independent Power Project (IPP) Consultancy Services for all Ports 126 Provision & installation of 30 mtr Poles security lightning at PLC & TCIP - 127 Supply/ installation of 33KM & 11KV Panels with SF6 Breakers at main power station, Apapa 128 Connection of Onne Port to National Grid (33kv) from FOT Junction to FOT main gate 129 Provision & installation of Solar Lighting Systems at Koko Port, Delta State 150,000 130 Provision of Solar street security lightning along access road from FOT Junction to FOT main gate 35,000 131 Restoration of to Tin Island Port - 132 Complete Rehabilitation of Electrical Power Systems of Administrative building, FLT, Onne Port -
at Power House, Sub-station A,B and C Delta Ports, Warri 145 Provision of PHCN control AC-AEM series RM-RG minimum OCB with 12KV 630A Isolator, supply/installation of 11KV HT panels inclusive of termination kits - 146 Connection of 33KV PHCN line and complete replacement of 11KV panel in power house, 2&3 Calabar port complex - 147 Reactivation of Electrical Installation & Security Lights at Okrika Jetty, PH 35,000 148 Upgrading or Power supply Cable/Panel from C to Control Tower Delta State 30,000 149 Provision & Installation of High Tension testing equipment at Western/Eastern Ports 70,000 150 Provision & Installation of 18m poles security lighting at new truck terminal, KLT 30,000 151 Replacement and rerouting of faulty section of HT cable between sub-station A &B on ring 1 of HT network 30,000 152 Restoration of power supply from ABTL to sub-station B (Dockyard) i.e. restoration of power supply and complete reactivation of 18 mtrs high mast security lightning at Dockyard 30,000 153 Upgrading of Power Supply System from Sub-station 2 to Admin Building at LPC 30,000 154 Replacement of faulty 120mm2 x 4 core PV/SWA armored cable from sub-station 12 to control Tower 30,000 155 Upgrading of Supply System from Main Power Station to Water Treatment at LPC 10,000