There is no going back on the dismantling of earlier Concession and Joint Venture agreements the Nigeria Port Authority(NPA) signed with terminal operators and Service providers, Managing Director, Hadiza Bala, has said.
According to her, there would be a review of all contract agreements, beginning with the Intels!
She also debunked reports that the NPA is planning to invest money in a non-governmental organization (NGO) operated facility.
In an interview with Maritime First magazine, Bala said “the NPA will not invest money in private entities”, adding that “he NPA would only invest in infrastructures that would be owned by NPA”.
She said further: “There are several ones we have done. It has to do with amortization concession and that is where an infrastructure is built and it has a reversetionary period to NPA. So, any such information (of NPA investing in private concerns) is incorrect.
“As relates to utilizing our premises, for FPSO, these are the things we are looking at, to the extent that we have an existing infrastructure that can take on such, we will utilize it.
“We have privatized our infrastructure; we have privatised the commercial utilization of any facility that NPA has deployed its resources on”.