Would you like to receive notifications on latest updates of the following headlines?

House sub-committee urges NPA to strengthen revenue leak prevention measures

POSTED ON March 4, 2025 •   LOCAL NEWS      BY Abiodun Saheed Omodara
House of Representatives

The sub-committee on public assets in the House of Representatives has called on the Nigerian Ports Authority (NPA) to enhance measures to prevent revenue leakages across its facilities.

During a private meeting with NPA management on Monday in Abuja, the committee's chairman, Rep. Uche Harris Annie-Okonkwo (LP-Anambra), emphasized the need for vigilance in managing public resources.

The sub-committee's role includes investigating the alleged misuse of leases/concessions and public-private partnership (PPP) arrangements within NPA.

The chairman warned NPA management against allowing firms to misappropriate funds intended for the government.

He stated, “While inquiries into the alleged misuse of leases and concessions continue, the committee believes it is essential to exercise caution regarding disclosures of fund diversion and non-adherence to contractual obligations.”

He noted that Truck Transit Limited is allegedly operating in a manual manner, despite its contract requiring the establishment of an automated system for truck parking and access to NPA terminals.

Additionally, he mentioned that a lessee, Intels Nigeria Ltd, which manages five NPA facilities and is reportedly in debt for over $10 million, continues to operate without NPA management making a significant effort to recover the funds.

He highlighted that Starz Marine and Engineering Ltd. is also reportedly in debt for several years without making any remittances.

 Annie-Okonkwo urged NPA to intensify its efforts to prevent financial losses to private enterprises.

He warned that the inability to recover these funds and remit them to federal government accounts may be seen as collusion to misappropriate public money.

READ ALSO
Civil Defence Board Temporarily Closes Recruitment Portal for System Enhancements
BY Abiodun Saheed Omodara July 17, 2025 0

The Civil Defence, Correctional, Fire and Immigration Services Board has temporarily closed its recr...

READ ALSO
151 Senior Police Officers Face Misconduct Hearings- NPF
BY Abiodun Saheed Omodara July 17, 2025 0

The Nigeria Police Force has revealed that 151 senior officers are currently undergoing proceedings...

READ ALSO
Oyo Speaker Advocate Creation of State Police amidst 700,000 Lives Lost to Insecurity
BY Abiodun Saheed Omodara July 16, 2025 0

The Speaker of the Oyo State House of Assembly, Adebo Ogundoyin, has advocated for the creation of s...

READ ALSO
Police kill six suspected kidnappers in Delta
BY Abiodun Saheed Omodara July 16, 2025 0

The Delta Police Command reports that six kidnapping suspects have been eliminated in the state.&nbs...

READ ALSO
President Tinubu Leads Tributes for Buhari and Oba Adetona
BY Abiodun Saheed Omodara July 14, 2025 0

President Bola Tinubu has guided countless Nigerians in grieving the loss of his predecessor, Muhamm...

READ ALSO
Eight Dead, Eight Injured as Commercial Bus Crashes into Truck
BY Abiodun Saheed Omodara July 6, 2025 0

Just 48 hours after a road accident in Ogun State resulted in the deaths of 10 individuals, another...

READ ALSO
Police Arrest Six After Abuja Market Killing
BY Abiodun Saheed Omodara July 4, 2025 0

At least six suspects connected to the killing that led to unrest at Gosa Market on Airport Road in...

READ ALSO
Former Arsenal Star Thomas Partey Charged with Multiple Sexual Offences
BY Abiodun Saheed Omodara July 4, 2025 0

Former Arsenal midfielder Thomas Partey has been formally charged with several sexual offences by th...

OUR CHANNELS:

151 Senior Police Officers Face Misconduct Hearings- NPF
BY Abiodun Saheed Omodara July 17, 2025 0

The Nigeria Police Force has revealed that 151 senior officers are currently undergoing proceedings...


CPC Loyalists Face Uncertain Future Amid Buhari's Death, Tinubu's Leadership
BY Abiodun Saheed Omodara July 17, 2025 0

The passing of former President Muhammadu Buhari has sparked renewed speculation regarding the polit...


Atiku's Move, 'No Threat to Our Dominance - APC
BY Abiodun Saheed Omodara July 17, 2025 0

Following the resignation of former Vice President Atiku Abubakar from the People’s Democratic...


LASIEC Awards Certificates to Elected Chairmen and Councillors
BY Abiodun Saheed Omodara July 17, 2025 0

The Lagos State Independent Electoral Commission (LASIEC) has awarded certificates of return to the...


FG Unveils Strategy to Enhance Aquaculture and Reduce Fish Imports in Nigeria
BY Abiodun Saheed Omodara July 17, 2025 0

The federal government is committed to reducing Nigeria's reliance on fish imports by enhancing loca...


Obasanjo Advocates for Effective Operators Over a Perfect Constitution in Nigeria
BY Abiodun Saheed Omodara July 17, 2025 0

Former President Olusegun Obasanjo says Nigeria needs the right operators of the constitution, not a...


FG Partners CILSS to Enhance Food and Nutrition Safety in Nigeria
BY Abiodun Saheed Omodara July 17, 2025 0

The Federal Government is intensifying its initiatives to improve food and nutrition safety through...


Awujale's Burial Liberation for Yoruba Traditional Institution - Oluwo of Iwo
BY Abiodun Saheed Omodara July 16, 2025 0

The Oluwo of Iwo, Oba Abdulrosheed Akanbi, has referred to the burial of the late Awujale of Ijebula...


Dangote Aims to Cut Cooking Gas Prices, Plans Direct Sales to Consumers
BY Abiodun Saheed Omodara July 17, 2025 0

President of the Dangote Group, Alhaji Aliko Dangote,  has revealed intentions to lower th...


Meta Cracks Down on Fake Profiles: Over 10 Million Accounts Removed
BY Abiodun Saheed Omodara July 17, 2025 0

Meta, the parent organization of Facebook, has intensified its initiatives to enhance the platform's...


More Articles

Load more...

Menu