Fidelity bank banner Bayelsa State banner
Why we terminated Intels’ multi-million dollar contract — NPA

By News Express on 14/10/2017

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 1,348

•NPA Managing Director, Hajia Hadiza Bala Usman
•NPA Managing Director, Hajia Hadiza Bala Usman

The Nigerian Ports Authority (NPA) has reacted to questions raised in some quarters on the threat by its erstwhile agents, Intels Nigeria Limited, to fight the recent termination of its boats pilotage monitoring and supervision agreement, stating that it acted in accordance with the constitution.

In a statement issued on Friday in Lagos, Abdullahi Goje, NPA’s General Manager, Corporate and Strategic Communications, declared that the Authority relied on the advice of the Attorney General of the Federation (AGF) and Minister of Justice, in arriving at the decision to terminate the multi-million dollar contract.

He said: “This legal advice was sought after more than one year of attempts to get Intels to comply with the Federal Government’s directive on the Treasury Single Account (TSA).

“The first such correspondence was through a letter written by the former Executive Director, Finance and Administration, Mr. Olumide Oduntan on June 28, 2016 directing the company to pay all revenues collected on behalf of the NPA into the TSA sub account at the CBN.

“All further attempts by the Authority to get the company obey this directive was met with various excuses until the Authority wrote to seek the AGF’s legal advice on how to proceed with the NPA/Intels relationship in a letter dated May 31, 2017.

“The legal advice contained in a September 27, 2017 letter addressed to the Managing Director of the Authority, Hajia Hadiza Bala Usman,  by the Attorney General of the Federation (AGF) and Minister of Justice, Mallam Abubakar Malami (SAN) expressly  stated as follows:

“For the avoidance of doubt, the agreement for the monitoring and supervision of pilotage districts in the Exclusive Economic Zone of Nigeria on terms inter alia that permits Intels to receive revenue generated in each pilotage district from service boat operations in consideration for 28% of total revenue as commission to Intels is void, being a contract ex facie illegal as formed for permitting Intels to receive federal government revenue contrary to the express provisions of Sections 80(1) and 162(1) and (10) of the 1999 Constitution of the Federal Republic of Nigeria (as amended), which mandates that such revenue must be paid into the Federation Account/Consolidated Revenue Fund.

“In the premise of the above, the conflict between the agreement and the TSA policy presents a force majeure event under the agreement, and NPA should forthwith commence the process of issuing the relevant notices to Intels exiting the agreement which indeed was void ab initio.

According to the NPA Spokesman, the Authority, “As a responsible agency of the Federal Government, therefore proceeded to act as advised, which is to terminate the contract forthwith.

“The Authority has taken note of threats by Intels to withdraw its investment plans in Nigeria and must point that business thrives in favour of everyone involved only when the laws of the country of operation are adhered to. No organisation is above the Nigerian constitution and it is only when all corporate entities obey the laws of the country that everyone benefits. There must be a level playing field for all players in the sector and this is the commitment of the Authority.

“However, the Authority respects the right of Intels and all other corporate entities in Nigeria to explore opportunities presented by the courts to enforce their rights in as much as the Authority is confident of the correctness of the step that it has taken.

“The board and management of the NPA is committed to serving the best interest of Nigeria at all times and this is what has happened in the case under discussion.”

Source News Express

Posted 14/10/2017 05:54:07 AM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

 

You may also like...
Ogun pardons sacked, suspended workers

Osun governorship: INEC hits the ground running, distributes...

Linking me with Niger Delta Avengers is devilish,...

We saw the Benue attacks coming — Ortom...

Killings: US to designate Nigeria ‘Country of Particular...

BREAKING NEWS: Boko Haram releases more Chibok girls...

Assemblies of God Church crisis takes dangerous dimension;...

EFCC arraigns Directors, firm over N735m subsidy scam...

In praise of Buhari’s ‘Change With Me’ campaign,...

Abuja group, sponsors calling for Fayose’s removal are...

2019: PDP fixes N12m as Presidential nomination form...

Anambra agency drags politicians to court over billboards...

 

Latest News 18-year-old boy rapes 7 Ekiti Varsity students Communications Minister, Adebayo Shittu, in certificate scandal Lawyer ambushes Python Dance 3 in court •Sues Buhari, Buratai, Malami, others Buhari, governors may clash with Tinubu over Ambode Oshiomhole, APC bow to governors, make U-turn on indirect primaries Delta establishes 6 IDP camps •To forward 2019 budget proposals to DTHA soon Southern, Northern leaders express fears over 2019 polls Plateau women protest half naked over military action Businessman sentenced 140 years for forging foreign cheques Stella Oduah dumps APGA, announces return to PDP Have we ever met before? Buhari asks new DSS boss Renewed attack in Nasarawa leaves 7 dead

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (395,103 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (376,062 views) Shameless Genevieve Nnaji exposes breasts in public (307,664 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (250,130 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (231,647 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (221,331 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (199,546 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (181,179 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (165,265 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (163,133 views) Lagos plane crash: Journalist releases victims’ names (157,825 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (146,645 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (62) Business & Economy (3,613) Business Verdict (52) Columnists (932) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (547) Features (652) Global Business Monitor (301) International (2,415) Interview (164) Live Commentary (28) Love Matters (143) News (39,022) Opinion (1,108) Pidgin (11) Politics (6,663) Religion (869) Sports (1,697) Stock Watch (33) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

I am Imo State's New Governor -- Okorocha's son-in-law Uche Nwosu...

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement