Headlines
NPA keeps mum over missing concession fund
The agency also insisted that the responsibility for such collection was that of NPA and not that of BPE
“The NPA has since acknowledged the transfer made regarding the rentals received on its behalf by the Bureau.
“Revenue accruing on the ports concession have, beyond 2008, been paid directly to ‘landlord’ (NPA) and not the BPE as the OAuGF report appears to allege.
“We are, therefore, unaware of the $679.4 million.”
The AuGF alleged that there was no evidence to show that $679 million was collected as at when due and remitted to Consolidated Revenue Fund.
The AuGF query reads: “Twenty-three companies were granted concessional rent of various ports under Nigerian Ports Authority (NPA) for 10 years and above with associated yearly rent of $679,403,172.00 payable to NPA as at December 31, 2016.
“There is no evidence to show that $679,403,172.00 was collected as at when due and remitted to the Consolidated Revenue Fund.
“This has been communicated to the Bureau vide letter with reference number OAuGF/RESAD/05/2016/07, dated April 19, 2018. No response has been received from the Bureau.
“Unremitted funds may be misapplied by the Bureau. Also, it may lead to the diversion of funds to other uses.
“The Director-General is required to show evidence that $679,403,172.00 was collected and remitted to the appropriate authority.”
Headlines
May Day: Mobereola salutes maritime workers for passion, dedication to building virile industry
Gloria Odion, Maritime reporter
“Thank you for your dedication and invaluable contributions”.
He emphasized that as a regulator, the Agency remains committed to its oversight function of regulating maritime labour activities in the industry in line with extant instruments and the expectations of the theme of the 2026 Workers’ Day, which focuses on safety, dignity and productivity.
Customs
Kaila, Seme Customs CAC, seeks collaboration with stakeholders to achieve seemless trade along border corridor
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