Contract  Cancellation: Atiku’s Intel’s Challenges FG,  Wants Amicable Solution 

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The ongoing war of superiority between the presidency and former Vice President Atiku Abubakar which led to the cancellation of his Intels’ vessel pilotage contract with NPA may not abate as soon as expected. 

Management of Intels Nigeria Limited, yesterday, said it was keen on finding an amicable solution to the cancellation of its vessel pilotage service contract by Nigerian Ports Authority, NPA,  rather than resorting to court action. 

While giving an update on the matter, Mr. Mike Epelle, the firm’s General Manager, Legal, said as a matter of policy, they would rather explore an amicable solution, stressing: “We don’t want to rush to court.

” On the TSA issue, Epelle said Intels had not refused to remit into the Treasury Single Account, TSA, explaining that it wants its commission that was not paid into the account. He further explained that Intels was ready to pay NPA’s dues from the collection of pilotage service into the TSA after its deduction  would have been made, a suggestion NPA objected to, insisting to have all collection paid and after reconciliation, Intels will receive its commission from Port Authority. He also said there were clauses in the agreement, for dispute resolution adding that NPA did not follow the mechanism before terminating the contract. 

He said: “We could pay into TSA but not the manner NPA wanted, we want to keep our commission and pay what is due to NPA. We told NPA to operate TSA that is objective and applicable.” He explained that before Intels got the contract, NPA was making a paltry sum of $6.5million annually, but after Intels took it over, it made over $200million in its first year adding that in another year, it made $210million.


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