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Former Vice President Atiku Abubakar has suffered a severe commercial setback at the hands of President Muhammadu Buhari’s government.
This follows the President’s decision to cancel the contract awarded to Integrated Logistics Services (Intels) to restore boat pilotage for the Nigerian Ports Authority (NPA).
Intels, which is partly controlled by Abubakar and an Italian national, Gabriele Volpi, obtained the pilotage contract in January 2021, according to Abokimusic News.
According to ThisDay, President Muhammadu Buhari canceled the contract after receiving legal advice from Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN).
The president was also consulted on the topic by the Director-General of the Bureau of Public Procurement (BPP) and the Acting Director-General of the Infrastructure Concession and Regulatory Commission (ICRC), according to the publication.
President Buhari directed the termination of Intel’s contract with the NPA in a letter dated January 7, 2022, and signed by Ibrahim Gambari, Chief of Staff to the President.
To avert further income loss, Buhari’s letter to Malami and Rotimi Amaechi, the Minister of Transportation, requested that the procurement procedure launched by NPA be transferred promptly to the BPP for action within 60 days.
The President further stated that the Ministry of Transportation should submit a procurement memorandum to the Federal Executive Council (FEC) for consideration.
He did, however, ask the NPA to ensure that the agreements pertaining to Onne 4 (Berths 9, 10 & 11) remain sanctified, as there is no active contract with Intels for their services.