Close Menu
Chronicle.ng
    Trending Stories
    Edo State Governor, Monday Okpebholo, stated on Friday that the Peoples Democratic Party (PDP) and its candidate, Asue Ighodalo, will lose their appeal at the Appellate Court level.

    2027: Okpebholo promises to deliver 2.5m votes for Tinubu

    June 30, 2025
    Hugo Ekitike has been linked to many Premier League clubs Arsenal Chelsea

    Arsenal, Chelsea pursue Ekitike, Man Utd eye Moise Kean

    June 30, 2025
    The Emir of Kano, Muhammadu Sanusi II, has vowed that he will no longer advise President Bola Tinubu's administration on how to address the country's economic issues.

    Sanusi laments over Nigeria, says ‘every sector is battered’

    June 30, 2025
    Facebook X (Twitter) Instagram
    Trending
    • 2027: Okpebholo promises to deliver 2.5m votes for Tinubu
    • Arsenal, Chelsea pursue Ekitike, Man Utd eye Moise Kean
    • Sanusi laments over Nigeria, says ‘every sector is battered’
    • Elvis Okerenyi, aviation official sentenced for job racketeering
    • CAF unveils new WAFCON trophy Wednesday
    • Kwankwaso betrayed our trust – NNPP
    • Why Tinubu in on state visit to Saint Lucia – Presidency
    • Messi silenced as PSG humiliate Inter Miami 4-0 in Club World Cup quarter-final clash
    Facebook X (Twitter) Instagram
    Chronicle.ngChronicle.ng
    Subscribe
    Monday, June 30
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle.ng

    NPA boss reveals why Intels contract was terminated

    Chronicle EditorBy Chronicle EditorJune 23, 20191 Comment2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Managing Director of the NPA, Hadiza Bala Usman
    Hadiza Bala Usman has been allegedly sacked as NPA chairman
    Facebook Twitter WhatsApp
    Managing Director of the NPA, Hadiza Bala Usman
    Managing Director of the NPA, Hadiza Bala Usman

    Fresh facts have emerged on why the management of the Nigerian Ports Authority (NPA) terminated the services of Intels Nigeria Limited, especially from the eastern ports of Calabar, Delta and Port Harcourt.

    The company, co-owned by former Vice President Atiku Abubakar, provides comprehensive integrated logistics services for the Nigerian oil and gas industry and has 30 years of experience in port management and support services in shore bases across Nigeria.

    The Managing Director of the NPA, Hajia Hadiza Bala Usman, told The Nation that the decision to terminate the services of Intels was informed by the latter’s inability to remit over $140 million to the federal government’s coffers, being the accumulated revenue it generated for a period of time.

    “Intels was providing a service of collecting revenue for port operations and they were not remitting as and when due,” she said.

    READ ALSO: FG Building New Ports To Decongest Apapa – Osinbajo

    She recalled that soon after she came on board as NPA MD, she signed “a supplementary agreement which required all revenues generated to be paid into the single treasury account (TSA).”

    Hajia Usman said Intels however reneged on the agreement it had with the NPA and the corporation was left with no option than to cancel the contract outright.

    Her words: “following the agreement, Intels has been very difficult in making payments to us.  They owe us over $140million that they have not remitted. So, we felt such non-compliance and such level of impunity should not be accepted, hence we issued a notice of termination to them.”

    She said the NPA plans to engage the services of another company to replace Intels.

    “We are going to advertise for a replacement company that would offer such services at a cheaper cost because Intels is charging the Nigerian government 28 percent for revenue collection and typically such commissions are limited to 10-15 percent. You hardly see where an agency is charging 28 percent. So, we have issued a notice of termination and we are also going to court to ensure that those monies not credited by Intels are paid back,” she said.

    The terminated contract was to run till 2020.

    Source

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Edo State Governor, Monday Okpebholo, stated on Friday that the Peoples Democratic Party (PDP) and its candidate, Asue Ighodalo, will lose their appeal at the Appellate Court level.

    2027: Okpebholo promises to deliver 2.5m votes for Tinubu

    The Emir of Kano, Muhammadu Sanusi II, has vowed that he will no longer advise President Bola Tinubu's administration on how to address the country's economic issues.

    Sanusi laments over Nigeria, says ‘every sector is battered’

    Elvis Okerenyi, aviation official sentenced over job racketeering

    Elvis Okerenyi, aviation official sentenced for job racketeering

    Kwankwaso slams defectors leaving NNPP for APC

    Kwankwaso betrayed our trust – NNPP

    Why Tinubu in on state visit to Saint Lucia – Presidency

    Why Tinubu in on state visit to Saint Lucia – Presidency

    Presidency slams Obi over Saint Lucia comments, 'you’re a tragedy connoisseur'

    Presidency slams Obi over Saint Lucia comments, ‘you’re a tragedy connoisseur’

    View 1 Comment
    Leave A Reply Cancel Reply

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Edo State Governor, Monday Okpebholo, stated on Friday that the Peoples Democratic Party (PDP) and its candidate, Asue Ighodalo, will lose their appeal at the Appellate Court level.

    2027: Okpebholo promises to deliver 2.5m votes for Tinubu

    June 30, 2025
    Hugo Ekitike has been linked to many Premier League clubs Arsenal Chelsea

    Arsenal, Chelsea pursue Ekitike, Man Utd eye Moise Kean

    June 30, 2025
    The Emir of Kano, Muhammadu Sanusi II, has vowed that he will no longer advise President Bola Tinubu's administration on how to address the country's economic issues.

    Sanusi laments over Nigeria, says ‘every sector is battered’

    June 30, 2025
    Elvis Okerenyi, aviation official sentenced over job racketeering

    Elvis Okerenyi, aviation official sentenced for job racketeering

    June 30, 2025
    CAF unveils new WAFCON trophy Wednesday

    CAF unveils new WAFCON trophy Wednesday

    June 30, 2025
    Facebook X (Twitter) Instagram
    • News
    • Politics
    • Sports
    • Business
    • About Us
    © 2025 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.