NewsExpress advert FCMB banner Fidelity bank banner NewsExpress advert
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: 905

 •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

REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

 

You may also like...
Police warms as Kaduna youths destroy Shiite-owned shops,...

FG restores Enugu – Port Harcourt Train Service...

Clearing agents protest planned eviction from office by...

Google becomes world’s most valuable brand

Hopes And Prayers For Nigeria, By Muhammad Ajah...

Declare your state of health now, rights groups...

Seven oil thieves bag 84 years jail term...

Okotie’s ex-wife flees Facebook

Gunmen kill traditional ruler, nephew in Kaduna

Dangote Cement Director shot dead

Amnesty for Boko Haram: Presidency disowns Youth Minister...

Leave Buhari out of your woes, Presidency tells...

 

Latest News Foreign Affairs Minister, Nnamani, others escape death as thugs disrupt Enugu APC Congress IPOB: Jewish worshippers dare police APC congresses: Six states produce 12 factional chairmen 2019: Buhari can’t win without nPDP – Saraki Kaduna appoints 77 new district heads APC faction upsets Tinubu, holds separate congress in Lagos Ohanaeze youths back Ijaw youths on restructuring Rampaging herdsmen kill 6 in another deadly attack in Benue Okorocha kicks as Imo APC holds congress 110 confirmed dead in Cuba plane crash; black box found Abdullahi says APC won’t recognise parallel congresses Miyetti Allah backs WAANSA Nigeria in battle against small arms proliferation

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (344,884 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (341,496 views) Shameless Genevieve Nnaji exposes breasts in public (273,003 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (224,451 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (204,935 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (202,416 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (176,650 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (158,956 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (150,005 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (143,121 views) Lagos plane crash: Journalist releases victims’ names (139,799 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (132,217 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (40) Business & Economy (3,135) Business Verdict (43) Columnists (853) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (497) Features (594) Global Business Monitor (273) International (1,964) Interview (149) Live Commentary (28) Love Matters (119) News (35,434) Opinion (949) Pidgin (10) Politics (5,019) Religion (741) Sports (1,512) Stock Watch (28) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Boko Haram commanders surrender

 

APO Group Partner

 

 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement