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Shock As Buhari Cancels Atiku's Contract With NPA - Politics - Nairaland

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Shock As Buhari Cancels Atiku's Contract With NPA by PapaBaby: 2:32pm On Oct 11, 2017
In an apparent move to block a major source of income of Alhaji Atiku Abubakar who has declared his intention to contest the 2019 presidential election, the Muhammadu Buhari-led administration has directed the Nigerian Ports Authority (NPA) to terminate the boats pilotage monitoring and supervision agreement that the agency has with Intels Nigeria Limited, a company co-owned by the former vice president.
Government says the contract with Intels, a leading integrated logistics and facilities services provider in the maritime and oil and gas logistics sectors of the country, was void ab initio.
Attorney General of the Federation (AGF) and Minister of Justice, Mallam Abubakar Malami (SAN), in a letter dated September 27, 2017 to the Managing Director of the NPA, Ms. Hadiza Bala-Usman, said that the agreement, which has allowed Intels to receive revenue on behalf of NPA for 17 years, violates the Nigerian Constitution, especially in view of the implementation of the Treasury Single Account (TSA) policy of government.
Intels, also co-owned by Mr. Gabriel Volpi, an Italian national who also has Nigerian citizenship, will lose several millions of dollars in the cancelled deal.
In the maritime industry, pilotage is compulsory for all ships of 35 metres overall length or greater unless a valid Pilotage Exemption Certificate is held by the ship’s master.
In return for the service, ship owners/companies are required to pay a pilotage fee, which Intels collects on NPA’s behalf and retains 28 per cent of the revenue as commission for the services rendered.



In the memo obtained by Thisday, Malami stated that the agreement violates Sections 80(1) and 162(1) and (10) of the constitution, and wondered that the parties – NPA and Intels – did not avert their minds to the relevant provisions when they were negotiating the agreement in 2010.
Section 80(1) of the constitution states: “All revenues or other moneys raised or received by the Federation (not being revenues or other moneys payable under this Constitution or any Act of the National Assembly into any other public fund of the Federation established for a specific purpose) shall be paid into and form one Consolidated Revenue Fund of the Federation.”
Section 162(1) states: “The Federation shall maintain a special account to be called ‘the Federation Account’ into which shall be paid all revenues collected by the Government of the Federation, except the proceeds from the personal income tax of the personnel of the armed forces of the Federation, the Nigeria Police Force, the Ministry or department of government charged with responsibility for Foreign Affairs and the residents of the Federal Capital Territory, Abuja.”


http://leaders.ng/nigeriadecides-buhari-moves-atiku-blocks-source-income/
Re: Shock As Buhari Cancels Atiku's Contract With NPA by Obijulius: 2:56pm On Oct 11, 2017
Mark this post.

2018 will be a year of assasinations and blackmail. The following will be likely targets:

- Politicians opposing the current structure
- Journalists who go for the truth and facts
- Christain clergy and moderate Muslim clerics
- The common man who will be the victim of made-up terror attacks to justify why elections will not hold in some parts of the country

God bless you all in Nigeria.
Re: Shock As Buhari Cancels Atiku's Contract With NPA by femicyrus(m): 3:05pm On Oct 11, 2017
game of thrones

1 Like

Re: Shock As Buhari Cancels Atiku's Contract With NPA by ourema(f): 3:15pm On Oct 11, 2017
Bad belle

Re: Shock As Buhari Cancels Atiku's Contract With NPA by muykem: 3:46pm On Oct 11, 2017
Good move.
Re: Shock As Buhari Cancels Atiku's Contract With NPA by bedspread: 3:53pm On Oct 11, 2017
Nigeria; Here we come....
So Agf Malami didn't know all this while that it was illegal?
Re: Shock As Buhari Cancels Atiku's Contract With NPA by yaki84: 3:55pm On Oct 11, 2017
a democratic buhari.
Re: Shock As Buhari Cancels Atiku's Contract With NPA by superemmy(m): 4:32pm On Oct 11, 2017
Soon Bubu go squeeze Atiku well like Orange. Let the games begin. How cash go flow for that guy now except for the ones wey im don embezzle tey tey.

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