Intels Nigeria Limited (INL), on Wednesday kicked against the termination of its Pilotage Agency Agreement by the Nigerian Ports Authority (NPA), Premium Times reports.
Earlier in April, President Muhammadu Buhari had approved the recommendations of the Attorney-General of the Federation, Abubakar Malami, breaking the near-monopoly of Intels in the handling of oil and gas cargoes in the country. On September 27, Mr. Malami, wrote to the Managing Director of NPA, Hadiza Bala-Usman, directing her to terminate the boats pilotage monitoring and supervision agreement that the agency had with Intels, saying that the contract was illegal.
Intels, in a statement on Wednesday, disclosed that following the letter from Mr. Malami, directing NPA to terminate the pilotage agreement, NPA promptly ended the contract on October 10, without inviting it as the other party to the agreement for negotiation. It also alleged that the NPA acted without due recourse to the terms of the agreement that specify conditions precedent before a party can exit the contract.
Intels, is partly owned by former Nigerian vice-president and a chieftain of the ruling All Progressives Congress (APC), Atiku Abubakar. The company was founded over three decades ago by Gabriele Volpi, an Italian national who also has Nigerian citizenship, and former vice-president, Mr. Abubakar.