Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,758,501 members, 6,556,977 topics. Date: Tuesday, 26 October 2021 at 12:17 PM

NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m (22368 Views)

Hadiza Usman: Why INTELS Was Disqualified From Npa’s Boat Pilotage Contract / 84m Barrels Of Nigerian Crude Oil Unsold, Stranded At Sea / Buhari Terminates Trobell International Limited Contract Over $2.15bn Commission (2) (3) (4)

(1) (2) (3) (4) (Reply) (Go Down)

Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by Chinny024(f): 4:55pm On May 19, 2019
Is that not Atiku's company?....!!

BuBu at his Best format!!!

1 Like

Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by AngelicBeing: 4:55pm On May 19, 2019
Amuocha:
Ok

Stories to keep us talking this week

Abeg make i fry yellow plaintain jare
After frying the plantatains, cook brown beans with onions, when the beans is ready, put a pot on the stove / gas, hit it up and add palm oil, once the oil is hot, add diced onions, after a while pour the already cooked beans into the oil, stir and add one Maggie cube, if you want, add little salt, cook for few minutes and serve with the fried plantatains, after eating, drink a glass of fresh orange or mango juice to keep the mede mede working in your stomach, thank me later grin

4 Likes

Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by Erolow(f): 4:55pm On May 19, 2019
simonlee:
OP why not cut the long story short and say someone wants to steal $145million
I tire o
Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by zabuur: 4:55pm On May 19, 2019
Waiting for those that'll say why don't FG withdraw Tinubus license etc
Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by naijajobx: 4:56pm On May 19, 2019
Hmmm
Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by freeze001(f): 4:58pm On May 19, 2019
etrouble:
Atiku is grounded once and for all. It remains Intels destination inspection of all goods imported into the country. Once that one too is suspended, Atiku is buried. He can then go and increase the school fees of his American University in Adamawa, he can also face his pure water business and start hawking cold pure water in holdups. He will never ever get near Nigeria's treasury to loot again.

You are here rejoicing over your supposed idea of burying Atiku forgetting that there are jobs and families dependent on the existence of this company for theor econoic survival. How is it profitable to cut off your nose to spite your face? It seems you are not aware that Atiku has long relinquished his majority shares in this company to Tinubu? Do some research and stop rolling with stale information because of your political inclinations.
Besides, all that has happened is the termination of a contract, it is not a seizure of its operating license or the closure the company. A savvy business owner will still thrive and I hope you read to the end that the same NPA owes Intels $600million which it must pay. Even if it deducts this unremitted sum, $450Million is still outstanding.

5 Likes

Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by ajayiopy: 4:58pm On May 19, 2019
Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by AK481(m): 4:59pm On May 19, 2019
rusher14:
Intels should sanwo.

Jj
Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by RealityShot: 5:00pm On May 19, 2019
AKITU HATIFU and company Doing their best work as always. STEALING
Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by Josephshola: 5:00pm On May 19, 2019
kunleweb:
Is this a political fight?
yes
Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by lexy2014: 5:03pm On May 19, 2019
tsdarkside:


must everything be about politics to you....!!??

this is business stuff....

you can politice it,if you want.....your choice....


This is from d article:

"The source also admitted that NPA is owing Intels about $600 million which it intends to pay from the revenue source."

Which is bigger, 145 or 600?
Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by Yankee101: 5:03pm On May 19, 2019
This is the meaning of rent seeking

This, including subsidies and wanton disregard for Nigerian interests in the award of oil blocs to cronies, are the reasons development is far away

1 Like

Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by Nobody: 5:03pm On May 19, 2019
MyGeneration:
Let them sort this out once and for all. You can't imagine the thousands of jobs lost as a result of the closure of Intel.
They refused to remit 145 million dollars, Intel should blame themselves, the staffs should hold them responsible

1 Like

Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by Josephshola: 5:03pm On May 19, 2019
tsdarkside:


must everything be about politics to you....!!??

this is business stuff....

you can politice it,if you want.....your choice....

hl I know you are not in rivers state.
Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by lexy2014: 5:04pm On May 19, 2019
RealityShot:
AKITU HATIFU and company
Doing their best work as always. STEALING

So what did he going by this excerpt?

"The source also admitted that NPA is owing Intels about $600 million which it intends to pay from the revenue source."
Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by lexy2014: 5:05pm On May 19, 2019
yemaldo:

They refused to remit 145 million dollars, Intel should blame themselves, the staffs should hold them responsible

What about this?

"The source also admitted that NPA is owing Intels about $600 million which it intends to pay from the revenue source."
Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by therealMcCain: 5:06pm On May 19, 2019
I don't get it. You claim someone is owing you $145million. The person says it's $55. While this is on, you go ahead to cancel the contract. Meanwhile you are owing the individual $600million.

1 Like

Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by oluwaahmed: 5:07pm On May 19, 2019
etrouble:


It saddening when you see semi literates like Atiku, educated treasury looters like Tinubu, Fashola, Wike, Obasanjo living like Sultans of oil rich Arab nations while millions are dying of hunger. Tinubu said he is richer than Osun State and he is right. Atiku with just a Diploma from ABU is richer than each of the states in Nigeria. imPatience Jonathan cannot even pronounce her account balance, the figures are too long for her comprehension. Atiku said that Obasanjo told him that he(Obasanjo) had only 20,000 bal in his account when he was released from prison after Abacha's death, yet today, Obasanjo is richer than any state in Nigeria. This is same for most of the heartless politicians across parties.

But, I know, one day, one very day, very very soon, the Nigerian people will revolt and take their country back from the generational looters in PDP, APC and all other mushroom party. Nigerian people will set themselves free one day.

My brother its highly impossible. Nigeria is too divided amongst ethnic & religious lines. A kingdom divided among itself cannot stand and that's what our politicians are using to cash out.

4 Likes

Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by iammo(m): 5:08pm On May 19, 2019
AmazingELixir:
lipsrsealed

Buhari, APC and vindictiveness , Atiku it's well.



.


Tinubu is an Intels major shareholder, wailing boy

1 Like

Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by kunleweb: 5:09pm On May 19, 2019
etrouble:


It saddening when you see semi literates like Atiku, educated treasury looters like Tinubu, Fashola, Wike, Obasanjo living like Sultans of oil rich Arab nations while millions are dying of hunger. Tinubu said he is richer than Osun State and he is right. Atiku with just a Diploma from ABU is richer than each of the states in Nigeria. imPatience Jonathan cannot even pronounce her account balance, the figures are too long for her comprehension. Atiku said that Obasanjo told him that he(Obasanjo) had only 20,000 bal in his account when he was released from prison after Abacha's death, yet today, Obasanjo is richer than any state in Nigeria. This is same for most of the heartless politicians across parties.

But, I know, one day, one very day, very very soon, the Nigerian people will revolt and take their country back from the generational looters in PDP, APC and all other mushroom party. Nigerian people will set themselves free one day.



My brother all these people we praise are all commoners. If they are men enough let them come to the starting point and start afresh legit with no government leanings if they can be half the youth my generation. Let's not let them divide those of us that are sensible and have transcended cheap divisive negative venom they spew to the mass public. I'm glad to meet a brother of like mind

4 Likes

Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by Nobody: 5:10pm On May 19, 2019
lexy2014:


So what did he going by this excerpt?

"The source also admitted that NPA is owing Intels about $600 million which it intends to pay from the revenue source."
They are not serious, both Intel and npa
Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by freemandela44: 5:12pm On May 19, 2019
You have a point bro but I keep asking about this "ONE DAY" when will that day come. If you and I stand to fight for our right how many people will join us? None bro.....can't wait for that day bro.
etrouble:


It saddening when you see semi literates like Atiku, educated treasury looters like Tinubu, Fashola, Wike, Obasanjo living like Sultans of oil rich Arab nations while millions are dying of hunger. Tinubu said he is richer than Osun State and he is right. Atiku with just a Diploma from ABU is richer than each of the states in Nigeria. imPatience Jonathan cannot even pronounce her account balance, the figures are too long for her comprehension. Atiku said that Obasanjo told him that he(Obasanjo) had only 20,000 bal in his account when he was released from prison after Abacha's death, yet today, Obasanjo is richer than any state in Nigeria. This is same for most of the heartless politicians across parties.

But, I know, one day, one very day, very very soon, the Nigerian people will revolt and take their country back from the generational looters in PDP, APC and all other mushroom party. Nigerian people will set themselves free one day.

1 Like

Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by MyGeneration(m): 5:13pm On May 19, 2019
yemaldo:

They refused to remit 145 million dollars, Intel should blame themselves, the staffs should hold them responsible
To me instead of the company to just be shut and those jobs lost, let the fg take over the company
Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by RealityShot: 5:13pm On May 19, 2019
lexy2014:


So what did he going by this excerpt?

"The source also admitted that NPA is owing Intels about $600 million which it intends to pay from the revenue source."
how did he get that contract in the first place?

Did his contract say he should withhold funds if he is owed?

Don't defend bad thing. Because it will be your turn to loose to bad people /thing some day.

Till ATIKU accounts for that N300 billion he was given to improve electricity in this country, I will continue to call him a THIEF!

2 Likes

Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by Nobody: 5:17pm On May 19, 2019
Sad cry cry

But my story is sadder take a look at my signature
Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by Nobody: 5:18pm On May 19, 2019
Atiku's company.
Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by lexy2014: 5:21pm On May 19, 2019
RealityShot:
how did he get that contract in the first place?

Did his contract say he should withhold funds if he is owed?

Don't defend bad thing. Because it will be your turn to loose to bad people /thing some day.

Till ATIKU accounts for that N300 billion he was given to improve electricity in this country, I will continue to call him a THIEF!


I don't no how he got d contract. Maybe u can shed some light on that. Also, is d manner in which he got d contract d subject of dispute between Intels and NPA or is it about remittance? If d terms of d contract didn't permit intels to withhold remittances, does it also grant NPA permit to withhold funds meant 4 Intels?

Who gave atiku 300b to improve electricity? What has that got 2do with intels and NPA withholding each others funds? Can u also bring forth d defence u said I defended?

3 Likes

Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by Wallade(m): 5:23pm On May 19, 2019
etrouble:


It is a political fight.
It is an economic fight.
It is a spiritual fight.
It is a physical fight.

48 Laws of Power
Law 15: Crush your Enemy Totally.

I am just wondering: If I am owing a company $600million over a long period of time and the company withheld $145milion of my money.

Is the company at fault?

Anyway, it is a good development howbeit regrettable. Before they will get a company that will effectively replace the Intels, business will suffer at the ports and the FG and NPA don't really care anyway.

Intels can also cash out of the Nigerian economy and concentrate on other countries. Their staff will definitely be hotcakes for the company that will take over the service the NPA.

Intels should sue NPA to court and demand full compensation for the contract terminated by NPA; demand full payment of the $600M less $145M owed to Intels with accrued interest over payment default period; close business at the Nigerian Ports. We thank Intels for their services.

1 Like

Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by Didi2d(m): 5:30pm On May 19, 2019
I want to believe atiku refused to remit that money because he needed it for the just concluded presidential elections.

Now two things comes to mind, is thought were if he (atiku) wins he will renew the contract to his favour.
But if he loses, he has nothing to lose

My opinion

2 Likes

Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by Ravenkingwry: 5:30pm On May 19, 2019
[l

Re: NPA Terminates Intels Pilotage Contract Over Failure To Remit $145.84m by tsdarkside(m): 5:33pm On May 19, 2019
Josephshola:
hl I know you are not in rivers state.

i never mentioned am in rivers state....

(1) (2) (3) (4) (Reply)

NAMA Bought Toyota Tundras For Oduah / Mutiny: US Trainers May Have Incited Nigerian Soldiers - Sunday Punch / Obasanjo And Former US President Jimmy Carter In 1978

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2021 Oluwaseun Osewa. All rights reserved. See How To Advertise. 119
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.