NewsExpress advert Yudala banner
NPA suspends service to debtor oil giants •May bar Total’s vessel from Nigerian waterways

By News Express on 29/12/2017

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

Views: 595

 •NPA General Manager Hadiza Bala Usman
•NPA General Manager Hadiza Bala Usman

The Nigerian Ports Authority (NPA) has, with immediate effect, suspended service boats operations in all its pilotage districts until the full settlement of debts accruing from unpaid pilotage dues by International Oil Companies (IOCs) and other beneficiaries of the services. This is coming just as the organisation gave indication that it might prevent Engina FPSO, which is due to arrive Nigeria in January 2018 from accessing  the country’s waterways. The vessel was recently built in South Korea for Total Upstream Nigeria Limited.

According to a statement signed by Abdullahi Goje, General Manager, Corporate and Strategic Communications at the NPA,  the decision to stop the operation of service boats to debtor companies followed the failure and refusal  of the  affected companies to honour their obligations to the Authority in spite of several reminders over a couple of months to this effect.

The statement, issued Friday morning in Lagos, explained: “Concerning the suspension of service boat operations, the Authority, had written to companies owing pilotage dues, invoking provisions of “Appendix F” of the operating agreement on “Delay Payment” to the effect that a debtor company must “make payment by telegraphic transfer within five (5) Business Days of the date of the relevant invoices”. The clause stated further that, “failure to pay the agreed sum will attract interest at a rate equal to LIBOR plus five per cent (5%) on the unpaid amount until the date of actual payment.” The advice was ignored by all the companies concerned.”

Given the fact that the companies some of whose indebtedness run into tens of millions of dollars outstanding for over two years ignored the advice given by the NPA, the statement explained that the Authority had no choice than to pursue this course of action, which has been communicated to all companies concerned.

On the Engina FPSO, whose main component is currently sailing from South Korea to be coupled with its top side being fabricated at LADOL Free Trade Zone, Tarkwa Bay, the statement explained that the refusal of the parties involved in the project to request for towage and pilotage service from the NPA (being the only organisation empowered to provide same in the country), is contrary to the laws of the country and would be resisted.

It explained that notice has already been given to promoters of the FPSO to the effect that the vessel would not be granted access to Nigeria’s waterways and that the NPA would pursue legal remedies in its determination to ensure that no organisation impedes on the mandate of the NPA as provided in Part II of the Port Act.

Source News Express

Posted 29/12/2017 12:55:33 PM

 

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


 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

 

You may also like...
Troops nab 15 suspected cattle rustlers, recover weapons...

Reps rule out probe of accidental bombing that...

7 die, 200 treated of cholera in Borno...

Ogun flags off Home Feeding Programme for primary...

We’ll deal ruthlessly with any group seeking to...

Onobrakpeya urges FG to establish national art museum,...

MBGN 2017: Meet the 37 beautiful finalists (PLUS...

U.S. spends N152 billion on Northeast

Footballer docked for alleged sodomy

LG Polls soon in Ebonyi as Umahi signs...

Onitsha boils: Irate mob kills policeman, burns factory...

Isaiah Balat’s death shocking —JONATHAN

 

Latest News I slept with 1,400 girls, impregnated 600 in Nigeria, 5 other African countries — French tourist 2 pupils die in Abuja school after eating party biscuits NUC grants Maritime University approval to begin undergraduate programmes One dead as suspected cultists attack LASPOTECH Nigeria warms on ECOWAS currency integration Supreme Court lambasts EFCC’s lawyer over incompetent application More than 6bn people live in corrupt countries, study shows Enugu psychiatric hospital official docked over alleged N14m job scam Replicate NLNG model to increase gas sector opportunities — Deputy MD Call Belema Oil, Robo Michael to order, MOSOP urges President Buhari APC berates PDP over ‘wild allegations on state of the nation’ Clouds, sunshine to prevail today: NiMet

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (325,950 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (317,592 views) Shameless Genevieve Nnaji exposes breasts in public (254,287 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (208,588 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (194,602 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (187,488 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (163,155 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (146,443 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (140,256 views) Lagos plane crash: Journalist releases victims’ names (129,375 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (127,875 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (123,001 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (34) Business (2,899) Business Verdict (33) Columnists (804) Complaints & Requests (94) Enterprise & Opportunities (203) Entertainment (446) Features (549) Global Business Monitor (226) International (1,799) Interviews (143) Live Commentary (28) Love Matters (105) News (33,018) Opinion (883) Pidgin (10) Politics (4,511) Religion (681) Sports (1,438) Stock Watch (28) AMA & Al Jazeera Global Update

 

 

Football president George Weah puts Liberian army to the test

 

APO Group Partner

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement