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In turnaround Intels apologises to NPA, promises to obey FG on TSA

In Turnaround Intels Apologises To NPA, Promises To Obey FG On TSA

Members of the House of Representatives have been left with eggs on their faces after the majority shareholder of maritime logistics company, Intels Nigeria Limited, Gabriele Volpi, apologised to the Nigerian Ports Authority (NPA) and the Nigerian government over the crisis that led to the termination of the company’s pilotage agreement, Premium Times reports.

The House of Representatives had on Wednesday urged the government to reverse the termination of the pilotage contract, even before an investigation. The lower legislative body also set up an ad hoc committee to investigate the legality of the termination of the contract.

However, in an interview with ThisDay newspaper, Mr Volpi who co-founded Intels with former vice president, Atiku Abubakar, extended an olive branch. He explained that he was not involved in the botched negotiation between Intels and the NPA and pledged that his company would transfer all the revenue collected from the boat monitoring and supervision services to the Treasury Single Account (TSA) as the NPA had demanded.

The post In Turnaround Intels Apologises to NPA, promises to obey FG on TSA appeared first on Energy News | Oil and Gas News.



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