Fidelity bank banner Camano 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: 1,432

•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...
All set for 2013 Convention of Jehovah’s Witnesses...

Wike receives first batch of 8,000 APC decampees...

Delta EXCO approves more roads for construction

CBN injects $364m into Inter-Bank Forex Market

APC warns against attempt to announce fake election...

Hundreds to strip naked for nude photograph

Nigeria loses another journalism icon

Governors, security chiefs in crucial meeting over farmers/herdsmen...

Neymar completes world record $263M move to PSG...

Casualty reported as herdsmen set Adamawa community ablaze...

Electricity distributors beg NLC, TUC to abandon proposed...

Human Rights Commission indicts 118 persons for electoral...

 

Latest News Buhari no longer in charge — Secondus •Declares 2019 year of liberation for Nigeria 9 soldiers face court martial over indiscipline Travel ban: FG submits names of 39 alleged treasury looters to Immigration Pandemonium in Ekiti as lunatic chases teachers, pupils with stones 2019: Tinubu eyes 3m votes for Buhari in Lagos Police ban pasting of campaign posters at night EFCC arraigns fake prophet, doctor for alleged N2.4m fraud How oil companies evade taxes, royalties in Nigeria Kaduna attack: Troops take over Jema’a LGA Ayade grants amnesty to dreaded Bakassi militants Dangote staff plead guilty of N15m fraud, seek plea bargain Apapa Gridlock: Residents vow to shut down business activities if no solution after 21-day ultimatum

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (431,176 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (395,588 views) Shameless Genevieve Nnaji exposes breasts in public (328,441 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (282,732 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (248,467 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (229,555 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (212,558 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (193,771 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (180,271 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (170,818 views) Lagos plane crash: Journalist releases victims’ names (167,615 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (154,046 views)

 

CBN banner Zenith Zero Balance First Bank chat banking

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (76) Business & Economy (3,889) Business Verdict (54) Columnists (974) Complaints & Requests (95) Enterprise & Opportunities (208) Entertainment (575) Features (681) Global Business Monitor (313) International (2,842) Interview (167) Live Commentary (28) Love Matters (147) Maggie's Blog (74) News (41,545) Opinion (1,154) Pidgin (13) Politics (8,225) Religion (920) Sports (1,827) Stock Watch (35) AMA & Al Jazeera Global Update

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera