•Firm faults directive

CITING presidential order, the Nigerian Ports Authority (NPA) has directed the management of LADOL Integrated Logistics to relocate its ongoing $500million fabrication and integrated yards project in Takwa Bay within Apapa pilotage area in Lagos State to Aggey, Bayelsa State.

But the company’s management described the directive as “shocking’’ and out of tone with the agreement it entered into with its technical partners and the federal government.

The one paragraph letter was dated April 27, 2015, and signed by NPA’s General Manager (Capital Project), A.R. Mohammed, on behalf of the Managing Director.

It was titled: “Re: Joint Venture Partnership with Samsung Heavy Industries for the USD$500 Million development of fabrication and integration yards for EGINA and Future Projects”.

The letter read: “Please, be informed that Mr President has via PRESS/S9/MT/212 of April 20, 2015 approved that the FPSO (Floating Production Storage & Offloading) project can be located at Agge, Bayelsa State when the facilities to handle such operations are developed. In addition, the project can be conveniently located at any dedicated Oil and Gas Terminal”.


Meanwhile, the President, according to NPA, has approved that henceforth; all oil and gas related cargoes must be handled only at the designated terminals in Onne, Warri and Calabar ports.

The directives signed on behalf of NPA Managing Director by General Manager (M&O), A.A. Goje, said: “In view of this, vessels coming to Nigeria with oil & gas related cargo excluding petroleum products are advised to first go to the appropriate NPA concessioned terminals to be cleared by customs and other relevant authorities, terminal operators, shipping lines among others”.

The directive also advised owners of such vessels to pay necessary dues/charges and obtain releases “before proceeding to locations for final discharge, including those meant for LADOL.

Reacting to the development, yesterday, the Managing Director of LADOL, Dr. Amy Jadesimi said the company was shocked by the development.

She explained that it would send wrong signals to private investors and foreign technical partners, pointing out that a lot of resources have been deployed to put the facilities in place.
http://www.ngrguardiannews.com/2015/05/presidency-orders-relocation-of-500m-port-project-to-bayelsa/

GEJ the politician
FTC things, mugu must pay.

isn't that the same thing they did with nnpc or some other oil related parastatal.

but, if it creates jobs for the militants, cool.

;DIs he just waking from his sleep of 6 years?

Is he just waking from his sleep of 6 years?

GEJ why at this moment when the decision is irrelevant?

GEJ dumb as Ever

They should move it in the next 13 days and on the 30th we will bring it back to Takwa Bay.

Presidential order ni late hour.

Good one there. We have been shouting on this Agge Port Project for years. Move it there ASAP.

It's now finally dawned on him that every President must make their states a viable place.

Move it there.

mistypiper:
They should move it in the next 13 days and on the 30th we will bring it back to Takwa Bay.
Presidential order ni late hour.

Relocating an ongoing project?, his advisers hate him for sure!

Par the course,his handlers would have neglected to inform him of the financial and logistical nightmare he is courting.

He probably just retrieved his balls from mama piss' handbag..Too little to late though.

Jonathan wants to turn Bayelsa state to Dubai from now till 29th.
Too late Mr. President,too late!

dearpreye:
Good one there. We have been shouting on this

It's now finally dawned on him that every President must make their states a viable place.

Ahhhh. It is toooooo late. The man slumbered. Welldone for admitting what Ameachi was saying all this while.

If a president feels he can do this between this short period,then why did he not perform for the past 5 years he has been at the saddle? He should continue to give us a reason why we should ask the new government to probe him. Instead of retiring peacefully, he is playing pranks.
If at all he understands the power of the president, then he would know that a mare presidential statement from Buhari on the 29th of May ; ' I declare that all appointments from March 28th till date stands null and void' will be enough to reverse his last card.

bakila:

Ahhhh. It is toooooo late. The man slumbered. Welldone for admitting what Ameachi was saying all this while.

I don't know what he was thinking all the while!

What are you rambling about?

tpiadotcom:
isn't that the same thing they did with nnpc or some other oil related parastatal.

but, if it creates jobs for the militants, cool.

Honestly, Goodluck failed the Niger-Delta!!!

dearpreye:


I don't know what he was thinking all the while!

Jonathan fuccked up the Niger Delta people but we love him despite that and that won't change at all.

ideykwum:
Honestly, Goodluck failed the Niger-Delta!!!

Bro! It's really sad. He has a poor uunderstanding of the corrupt nature of the ONE NIGERIA project. Those two words carried him away for too long.

Mr Jonathan is now trying to save face from the likely bashing that will come from his people. This Jonathan had every opportunity to bring investments to his people, instead he was busy enriching those militants while majority of their youths were neglected. It is too late to act now.

Truckpusher:
Jonathan fuccked up the Niger Delta people but we love him despite that and that won't change at all.

Big time.

dearpreye:


I don't know what he was thinking all the while!

That was why Nigerians fired him from his job. His thinking was not available at the moment
of need and those employed to help him think always do so with a calculator and a destination for public funds competing for more attention for their thought.

Sorry sir, you woke up when ur head is know longer on ur shoulders, u misused a whole 5 yrs given to u to developed our neglected Niger Delta but u decided to sleep over it. It's not ur fault, a spell was cast on you. But faaaaaaaaaaaa!!!!!!!!!!! toooooo late now.

GEJ good morning.
Ur just woke up from ur cluelessness.

Some people are jes too in haste to get dumb... Even if you think it is too late to start,by the time the project is completed, TO WHOSE NAME do you tag the kudus... GEJ may not be CLUELESS afterall.

This man left the whole ND to focus on Bayelsa alone. Fed Uni Bayelsa too

Luggi007:
Is he just waking from his sleep of 6 years?

I believe he was waiting for his last term to commence before showing true colors of his admin. Good riddance to a tribal leader.

G

That's my president speaking, bayelsa state needs to have such facilities because they are also in Nigeria

R

dearpreye:
Good one there. We have been shouting on this Agge Port Project for years. Move it there ASAP.

It's now finally dawned on him that every President must make their states a viable place.

Move it there.

He should also carry it on his head, as he is heading back to wherever he came from.

The Dumbo of the Dumbest President I have ever seen, just waking up when the party is over.

His presidential order and all his last minute appointments will be reversed with just a statement on May 29.