Reps Committee Urges NPA To Block Revenue Leakages

News Investigators/ The House of Representatives Sub-Committee on Public Assets has urged the Nigerian Ports Authority (NPA), to intensify efforts to block all revenue leakages in all its facilities.

The chairman of the committee, Rep. Uche Harris Annie-Okonkwo (LP-Anambra), made the call on Monday in Abuja during a private meeting with the management of NPA.

The sub-committee is saddled with the responsibility of investigating alleged abuses of leases/concessions and Public Private Partnership Programmes (PPP) arrangements in NPA.

The chairman cautioned the management of NPA against allowing companies to divert funds meant for the government.

“While the investigation into the alleged abuses of leases and concessions is still ongoing, the committee deems it necessary to call for caution over revelation of diversion of funds and non-compliance with the terms of agreement.

“The Truck Transit Limited is allegedly operating manually even though their contract stipulates that the company should construct an automatic system for truck parking and entrance to NPA terminals,” he said.

According to him, a lessee, Intels Nigeria Ltd which is having five facilities of NPA and allegedly owing over $10 million is still operating fully without any serious effort of NPA’s management to get the money.

He said that Starz Marine and Engineering Ltd. is allegedly owing for some years without remittances.

Annie-Okonkwo urged the agency to double its efforts in ensuring that the government does not lose money to private businesses.

The rep member, however, said that failure to recoup the funds and pay them into federal government coffers, could be interpreted as collusion to divert public funds.

Editor

Read More

Latest

Bethesda Roadmap – Elder Scrolls 6, Fallout 5, Obsidian Fallout, Fallout 3 and New Vegas Remasters

by William D'Angelo , posted 9 hours ago / 1,394 Views Bethesda Game Studios has released a roadmap for the Fallout series and its other major IPs. This includes announcing several new games. The company following a report has confirmed it is working with Obsidian Entertainment on a new Fallout game with more details to

Serie A transfer: Monza and Inter Milan working out deal for Super Eagles star

Soccer AC Monza have stepped up their efforts to...

Super Eagles: Spain-born star who wants to play for Nigeria rejects Preston North End transfer

Soccer Preston North End have suffered an early setback...

Super Eagles news: ‘The problem is structure’ – Ex-Nigeria forward slams NFF over World Cup absence

Soccer Onyemaechi Bruno, Ogbu Igoh and Moses for Nigeria....

Newsletter

Don't miss

Bethesda Roadmap – Elder Scrolls 6, Fallout 5, Obsidian Fallout, Fallout 3 and New Vegas Remasters

by William D'Angelo , posted 9 hours ago / 1,394 Views Bethesda Game Studios has released a roadmap for the Fallout series and its other major IPs. This includes announcing several new games. The company following a report has confirmed it is working with Obsidian Entertainment on a new Fallout game with more details to

Serie A transfer: Monza and Inter Milan working out deal for Super Eagles star

Soccer AC Monza have stepped up their efforts to...

Super Eagles: Spain-born star who wants to play for Nigeria rejects Preston North End transfer

Soccer Preston North End have suffered an early setback...

Super Eagles news: ‘The problem is structure’ – Ex-Nigeria forward slams NFF over World Cup absence

Soccer Onyemaechi Bruno, Ogbu Igoh and Moses for Nigeria....

Grey Business processes $61 million as stablecoins dominate payments

Grey Business enables startups and SMEs to open US Dollar (USD) corporate accounts, send and receive international payments, convert currencies, and transact using stablecoins such as USDC and USDT...

Utah Marketers to Host Free Business Networking Event in Layton on June 24

The custom web design company is hosting free monthly networking events for Northern Utah business leaders, with the next event scheduled for June 24 from 4 to 6 p.m. Utah Marketers is hosting a free local business networking event on June 24 from 4 to 6 p.m. at the company’s Layton office. The event is

WellnessVibe Announces Business DNA Workshop in Delhi and Mumbai, where Ancient Sound Wisdom Meets Modern Business Strategy

WellnessVibe has officially announced the launch of its transformative Business DNA Workshop on 7th June 2026 in Delhi and 20th June 2026 in Mumbai. (1888PressRelease) June 03, 2026 - Delhi/Mumbai, India - WellnessVibe has officially announced the launch of its transformative Business DNA Workshop on 7th June 2026 in Delhi and 20th June 2026 in