SLPHA Presents 2026 Revenue Stream
The Sierra Leone Ports and Harbour Authority (SLPHA) has presented its sources of revenue for the fiscal year 2026.
In his presentation, the Deputy Director of Finance at the SLPHA Malcom Leigh highlighted the Authority’s sources of revenue generation for the 2026 fiscal year as follows: marine services, stevedore (liquid bulk), container terminal throughput fee, break bulk throughput fee, marine slipway throughput fee among other income.
The Deputy Director of Finance made this statement on Monday 29th September 2025 at the Fiscal Risk Management Unit Ministry of Finance. He stated that the Authority will continue to meet its responsibilities of contributing over NLe 120 M yearly from concession fees and royalties noting that in addition to the above government has 20% shares in the operations of Freetown Terminal Limited.
He pointed out that an exchange rate of NLe24 to 1$ and inflation of 9% and growth rate of 4.5% is projected for the fiscal year under review. He said that a new tariff became effective on 1st July 2025 and that the budget takes into consideration the concession to Freetown Terminal Ltd and Nectar SL Bulk Terminal.
He revealed that proximity to heavy machinery and cargo handing operations increases the risk of accidents and injuries especially between Beth one and two and that exposure to hazardous materials like clinker operation, cement discharge and fuel discharge fumes can pose health risks to employees among others.
He mentioned the need to rehabilitate and dredge the port the jetty and berth, installation of signal signs such as buoys and lights for vessels navigation, procurement of tug boat and pilot/service boat for towage services, construction of new administrative building and access to royalty fees from Ports operators.
