- The Nigerian Ports Authority (NPA) has explained why it terminated its contract with Intels Nigeria Limited
- NPA's managing director, Hadiza Bala Usman, said that Intels failed to remit $145,849,309.33 into the account of the federal government account
- Denying that the termination of the contract was politically motivated, Usman said that the sum was the outstanding service boat revenue generated from November, 2017 to October, 2018
The Nigerian Ports Authority (NPA), through its managing director, Hadiza Bala Usman, has refuted claims that the body's termination of the boats pilotage monitoring and supervision agreement with the oil and gas logistics company, Intels Nigeria Limited, was politically motivated.
The NPA boss, Bala Usman, explained that the contract was terminated following alleged failure of Intels (belonging to former President Atiku Abubakar) to remit $145,849,309.33 into the account of the federal government account, Nigerian Tribune reports.
She point out that the said sum was the outstanding service boat revenue generated from November, 2017 to October, 2018.
In her explanation, Usman further said: “The policy is not politically motivated. When you start implementing policy, people take positions. The contract was terminated after the elections”.
Earlier, Legit.ng reported that the NPA had terminated its boats pilotage monitoring and supervision agreement with Intels Nigeria Limited after about two years of bickering by both parties.
Intels is a leading integrated logistics and facilities services provider in the maritime and oil and gas logistics sectors of the economy.
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