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Intels Contract Termination A Wrong Move - Business - Nairaland

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Intels Contract Termination A Wrong Move by Ijenew: 12:44pm On Oct 14, 2017
The company ‘INTELS’ has done terrifically well in many ways:

1. Massive employer of labour

2. Impacted tremendously on the lives of the disabled persons within and outside the various communities

3. Regular scheduled scholarship programs designed for the kids/adults for the better enhancement of their future

4. Medical outreach to the society

5.Financial/Revenue generation through the bank’s highly regulated fluctuating interest rates

6. Nigerian Ports Authority (NPA) revival

7. Ports development / maintenance

8. Skills and Acquisition centres’

9. Training ground for Nigeria students within / outside, who have been placed to undergo Industrial Training as part of the basic mandatory requirement in their various institutions

10. Revenue boosting through consistent meticulous various tax remittances and many others

These achievements has brought in return, meritorious awards, tittles and favors from individuals, clients and the government for all her fruitful decades of services to the country.

At this point in time where there is oil fall, dwindling economy, agitations etc., is it the appropriate time to introduce/implement the Treasury Single Account (TSA)? Would this not have been wildly acceptable if we live in a less corrupt country? Who will be the beneficiaries of the TSA? Will it attract investors or mar them? Would it be judiciously utilized or will it be left in the hands of the ravenous wolves whose intentions are undetermined, their mouth wildly open to gulp the revenue generated and quickly divert it to the foreign countries/accounts for their personal selfish gluttonous gratifications? Would it be used to champion basic amenities such as good workable housing schemes, restore to the fullest extent the power sector, health care, education, water resources etc. for the rural and urban areas?

What has gone wrong with the heightened budgets allocated to these schemes? Is the government playing her part in the power sector? What has happened to our water board corporation? How about the overly dilapidated and deplorable condition of our federal and state hospitals and roads? Our teachers, are they rightly rewarded for their contributions or are they continuously subjected and abandoned to their fate: most state schools are still being owed for short/long period of time. What of the agitations of the students in our higher institutions, constant hikes in the school fees? In fact, schools are left in the hands of the private sectors who manages it anyhow they like while private hospitals are everywhere for only the rich / middle class if any. People are now reduced to patronize the local chemists, prefers self-medication rather than go to a standard hospital because they can not afford the costs, agitations of the unemployed educated/skilled youths who are yet to strike a balance on life, what about the farmers who toils day and night and wake up to see their farms vandalized by unidentified men etc.

Why are companies wounding-up and investors withdrawing their investments speedily? Why are employees/employers always at logger heads? Could it be said that the stringent policies are making life unbearable for the employers while the employees suffers at the end? There is a saying that ‘when two elephants fights, the grasses suffers’.

These are thought-provoking questions every right thinking person(s) should be poised to ask if we are to move forward as giant of Africa.

All well-meaning Nigeria in the diaspora, investors, shareholders, young and old are beckoned to rise up, speak out and condemn this great abominable injustice currently melted out on ‘INTELS’.

The government can no longer be allowed to flamboyantly default the ‘PORT CONCESSION, PILOTAGE DUES’ gentlemanly agreement or any other contractual agreement with other sectors of the economy.

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