The Nigerian ports authority, NPA has detailed reasons why a multi-million dollar contract with Intels, a company co-owned by former vice president, Atiku Abubakar was recently revoked.

Below is a press statement made available to PoliticsNGR, signed by the general manager, Corporate and strategic communications of the NPA, Abdullahi Goje;

"The Nigerian Ports Authority is compelled to issue this statement in reaction to questions raised by the general public on the threat by our erstwhile agents, Intels Nigeria Limited, to fight the recent termination its boats pilotage monitoring and supervision agreement. 

To start with, we must inform our stakeholders and the general public 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 contract.

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 subaccount 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.”

As a responsible agency of the Federal Government, the Authority, 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."

http://politicsngr.com/2017/10/13/2019-terminated-multi-million-dollar-contract-atikus-company-intels-npa/

No matter what they say, we know they are quite clueless, am just waiting for 2019.

Abeg who get small pin charger here?

thank God atiku is experiencing this... he helped brought this calamity over nigeria

Another company that can comply with the government directives should take over or must it be Intel's?

Karma is real, I wish the cash cow of all these politicians that raped us to dead with the power of pen Will be visited one by one with their contracts terminated.
They need to feel the pains of the poor masses a little bit.

They will still wail. Sad yellow pigs.

Atiku cannot win any election here in Naija, not evn whn Obj is stil alive

It's business. Don't mix it with politics.

PMB should understand that from next year, any move he takes will be viewed via the Nigerian political lens.

Story

There's only one reason.. Next year is campaign season and Mr. Vindictive doesn't like competitions

Kk

You can not plant bitter leaf, and expect a harvest of sugarcane.
Atiku, enjoy the change you and your folks brought to us.
That one from Lagos has been quiet. All his political calculations have failed him. They are waiting for him to misbehave so he will enjoy his own portion of change.
They even forced his guy to admit that he signed NNPC contract. And the kachikwu was not aware.

My people, as you lay your bed, so will you lie on it.

*caveat* if you quote me and I don't reply you, your opinion is of no worth.

That contract does not stop him 4 being a multi billionaire.

If this is the sincere reason of terminating the contract then it's a good one.

Managing Director of NPA - Hajia Hadiza Bala Usman

Attorney General of the Federation Mallam Abubakar Malami (SAN)

Co-Owner of INTELS - ALHAJI Atiku Abubakar

It's a northern affair, family quarrel it is, we can not get involved on this occasion.

...........................................................................................

Intels charges and fees are invoiced in USD for services rendered in Nigeria. FG throws blind eyes at that, something that puts demands on forex and kills the NGN.

only dishing out tantrums for the gullible masses to chew while they milk you dry

no explanation they can give, the general public already knows why

funnynation:
Abeg who get small pin charger here?

Pin charger nah pin charger; which one be small pin charger? I no get sha.

DonVikings:
They will still wail. Sad yellow pigs.

As usual, you don reach here.

..

I don't like contributing on decision on one's wish to do.

kirajustice:
The Nigerian ports authority, NPA has detailed reasons why a multi-million dollar contract with Intels, a company co-owned by former vice president, Atiku Abubakar was recently revoked.

Below is a press statement made available to PoliticsNGR, signed by the general manager, Corporate and strategic communications of the NPA, Abdullahi Goje;

"The Nigerian Ports Authority is compelled to issue this statement in reaction to questions raised by the general public on the threat by our erstwhile agents, Intels Nigeria Limited, to fight the recent termination its boats pilotage monitoring and supervision agreement. 

To start with, we must inform our stakeholders and the general public 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 contract.

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 subaccount 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.”

As a responsible agency of the Federal Government, the Authority, 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."

http://politicsngr.com/2017/10/13/2019-terminated-multi-million-dollar-contract-atikus-company-intels-npa/

Our government officials own Nigeria

Aiye le ibosi o..
Atikulate sorry enh, tomorrow will better than today.

They took him by the jugular. Kill off his cash cow and there's nothing else to finance his presidential bid.

emmabest2000:


Una mumu don do

APC & scam

My brother, their mumu neva do. He is even hoping to vote somebody out in 2019. I think he is in the genesis of mumu. By the time he gets to Exodus, he will understand that there is a difference between June and July.

Ndị ara

Dont tell us, we know why!

temitemi1:
thank God atiku is experiencing this... he helped brought this calamity over nigeria

He did not! He also contested for primaries against the vulture.

Pierohandsome:
Atiku cannot win any election here in Naija, not evn whn Obj is stil alive

That's how it was said with buhari and ibb! Today the vulture is the president and ibb is still alive.

2019 induced politics. Pure and simple.

2019