Business
NPA Officials In Trouble Over Rent
The chairman of House of Representatives Committee on Privatisation and Commercialisation, Hon Njidda Ahmed Gella says many officers of the Nigerian Ports Authority (NPA) will be in trouble over the unaccounted fees paid as rent to the authority by the port concessionaires.
Making this known in an interview with journalists in Port Harcourt during the committee’s visit to Rivers State, Hon. Ahmed alleged that port concessionaires pay money to NPA directly which were not accounted for by the NPA authorities.
In his words, “Why you don’t see the level of changes that is necessary at the ports is because the NPA is playing some games with money paid to them by the concessionaires and these monies they collect are not accounted for”.
According to the committee chairman, “they just give them money, and at the end, NPA will not tell what they have done with this money. But this is where some heads must roll. These concessionaires have full records indicating how much they have paid to NPA”.
He insisted that NPA has an obligation to tell the House what they have done with the money adding that they must account if they have used it or remitted it to the Federation account.
Ahmed explained that the essence of privatisation is to encourage fast economic transformation, such that will have a multiplier effect on employment generation and other economic empowerment of the people of Nigeria.
He said that Nigerians are surcharged insisting that if the law of privatisation should be allowed, Nigerians will gain much.
Business
NIMASA Commits To Creating Enabling Environment For Maritime Business

Business
FG Inaugurates Special Committee Against Boat Accident
