NPA Ends Dispute With Intels, Seeks Attorney-general’s Clearance To Restore - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › NPA Ends Dispute With Intels, Seeks Attorney-general’s Clearance To Restore (730 Views)
| NPA Ends Dispute With Intels, Seeks Attorney-general’s Clearance To Restore by Afonjacoward(op): 7:45am On Dec 09, 2017 |
The business dispute between the Nigerian Ports Authority and Intels Nigeria Limited over revenue sharing structure and payment procedure now stands resolved, the NPA has said. The maritime agency is however awaiting clearance from the Attorney-General of the Federation and Minister of Justice, Abubakar Malami, for possible restoration of the contract seized from the logistics firm. Intels and NPA had been locked in a fierce business face-off, resulting in several tension- soaked meetings and exchange of aggressive correspondences. That followed the company’s non- compliance with the Federal Government’s Treasury Single Account policy. The NPA had insisted that service boat revenues collected on its behalf by Intels be first swept into its account at the Central Bank of Nigeria, before they are shared by both parties. But Intels disagreed, saying complying with the policy would have adverse effects on its finances and agreements with its bankers. On October 5, based on a legal advise by the attorney-general, the NPA terminated the multi- billion naira service boats contract it awarded to Intels several years ago. However, in a November 10 letter seen by PREMIUM TIMES, the Managing Director of NPA, Hadiza Bala-Usman, told Attorney-General Malami that the dispute between the two parties had now been resolved. That was after Intels formally wrote the NPA , apologising for its initial rejection of the regulator’s directive on TSA and then stating its readiness to comply. https://www.premiumtimesng.com/news/headlines/251792-exclusive-npa-ends-dispute-with-intels-seeks-attorney-generals-clearance-to-restore-contract.html |
| Re: NPA Ends Dispute With Intels, Seeks Attorney-general’s Clearance To Restore by Obijulius: 7:48am On Dec 09, 2017 |
Seems like Atiku has this government by the balls. Has anyone noticed how this government has suddenly started coming to its senses in the past week? In a few days a lot will be revealed about the tacit support the Fulani terrorists have been receiving from the government. I pray for the life of: Atiku Amaechi Buratai Dasuki That former DSS spokeswoman This December go hot. See ripe Zombie below! This type rejects sense . |
| Re: NPA Ends Dispute With Intels, Seeks Attorney-general’s Clearance To Restore by menxer: 7:50am On Dec 09, 2017 |
This is why I love PMB administration, you either comply with TSA or bye bye. |
| Re: NPA Ends Dispute With Intels, Seeks Attorney-general’s Clearance To Restore by Afonjacoward(op): 8:10am On Dec 09, 2017 |
menxer:TSA that jonathan masterminded. Which one did Jubrin mastermind? Ok let me guess....Terrorism. Your oga is going back to duara come 2019. |
| Re: NPA Ends Dispute With Intels, Seeks Attorney-general’s Clearance To Restore by DrDeji20(m): 8:46am On Dec 09, 2017 |
Buhari stepped on the wrong toes. and the serpent has struck him badly. in fact, I wish 2019 is already here. |
| Re: NPA Ends Dispute With Intels, Seeks Attorney-general’s Clearance To Restore by Afonjacoward(op): 11:17am On Dec 09, 2017 |
Lalasticlala front page please. |
| Re: NPA Ends Dispute With Intels, Seeks Attorney-general’s Clearance To Restore by menxer: 8:40pm On Dec 09, 2017 |
Afonjacoward:Well, the love you are implementing was masterminded by Christ, am I correct? |
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