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Tag: INTELS

Onne Port Without INTELS : Is this an omelette without eggs?

Onne Port Without INTELS : Is this an omelette without eggs?

Breaking News, Opinion
About twenty years, a handful of colleagues and I went on a visit to a mass of virgin swamp at Onne. We were taken on that visit by Engineer Wali Ahmed who remains in history as the best MD the Nigerian Ports Authority ever had . The visit was a follow up to an MoU the NPA had entered into with NICOTES Nig Ltd on a Build , Operate and Transfer (BOT) basis. It was a mass of very difficult terrain isolated by ponds. We had to park our buses several meters away to enable us access the land by foot. My colleagues and I wondered why any right-thinking businessman would take such a risk in ploughing his hard earned resources in a venture which to many of us did not look realistic. But these officials looked optimistic as they took time to explain the great potential this virgin forest had in...
16 Companies In INTELS-Operated Free Trade Zone Deregistered

16 Companies In INTELS-Operated Free Trade Zone Deregistered

Business, Law, Maritime
The Oil and Gas Free Trade Zones Authority (OGFZA) has deregistered a total of 16 companies operating in the zones under the concession of INTELS Nigeria Limited, the company whose contract for ship pilotage was recently revoked by the federal government. However, the companies are said to have voluntarily applied to withdraw from the trade zones following the lull in business activities even before the face-off between the federal government and Intels. According to the OGFZA, the application for de-registration between March and April 2017, saying that the current feud has no connection with the exit of the affiliate OGFZA maintained that companies under the zone indicated interest to leave due to lull of economic activities in Nigeria and the authority is currently engaging INT...
INTELS in fresh crises with OGFZA

INTELS in fresh crises with OGFZA

Business, Law, Port News
Oil and gas logistics giant and port concessionaire, INTELS Nigeria Limited (INL), is in fresh trouble as the Oil and Gas Free Zones Authority (OGFZA) has ordered a comprehensive audit of a decade of its operations (2006-2016).The development came as INTELS, a company largely owned by former Vice President Atiku Abubakar, began to feel relief from a similar rift with the Nigerian Ports Authority (NPA). OGFZA, in a letter to the Managing Director of INTELS, Simone Volpi, obtained by Our Correspondent yesterday, said it had appointed a team of auditors to carry out the compliance audit of the embattled firm, a concessionaire of NPA, over alleged “serial violation” of the laws and regulations governing operations in the free zone. The Managing Director of OGFZA, Umana Okon Umana, said t...
INTELS collected naira bills in dollars— Stakeholders

INTELS collected naira bills in dollars— Stakeholders

Business, Law, Politics, Port News
As Nigerians await patiently for the outcome of the lucrative boat pilotage contract which INTELS monopolized for almost two decades, more facts have emerged on how the Logistics giants fraudulently ripped off Nigerian importers. Chief Reginald Amadi ,the Spokesman for the Edo/ Delta chapter if the Association of Nigeria Licensed Customs Agents revealed that was wrong for INTELS to collect dollar payments for local transactions. He said , " I think INTELS got into trouble because they went beyond the brief of the agreement, they took things for granted. I think NPA just found out that INTELS was deviating from its obligations and decided to wield the big stick', he said. Chief Amadi said it was not true that 11,000 jobs would be lost if INTELS lost the contract insisting there were o...
INTELS free to re apply for cancelled contract … NPA

INTELS free to re apply for cancelled contract … NPA

Port News
There are strong indications that INTELS Nig Ltd might be given yet another opportunity to bid for the lucrative pilotage contract cancelled last week by the Hadiza Usman led management of the Nigerian Ports Authority. Shipping World has learnt on good authority that INTELS bid , like others, would be considered on its merit after a thorough appraisal of all bids. Nigerian Ports Authority General Manager Corporate Communication and Strategy , Mr Abdullahi Goje , who confirmed this development exclusively to Shipping World however maintained that no special concession would be given to the Logistics giants. Said Goje in an SMS: ' It is a whole process which has to be discussed and addressed by management '. Ms Hadiza NPA's  helmswoman, had over the week end responded to claims that IN...
NPA-INTELS Pilotage Service Contract Does Not Violate Constitution, Says Importers Association

NPA-INTELS Pilotage Service Contract Does Not Violate Constitution, Says Importers Association

Business, Law, Politics
Amiwero: NPA has no right to terminate contract Maritime workers fell FG to resolve face-off now Termination of contract will impact negatively on revenue, efficiency at Onne port The Nigerian Importers Integrity Association (NIIA) has weighed in on the controversy trailing the termination of the pilotage service agreement signed between oil and gas logistics giant, INTELS Nigeria Limited and the Nigerian Ports Authority (NPA) arguing that the contract is legal, constitutional and similar to the joint venture agreements signed by the Nigerian National Petroleum Corporation (NNPC) with the International Oil Companies (IOCs). NIIA President, Godwin Onyekazi, also said that termination of the contract will impact negatively on government revenue and on efficiency at Onne Port....
House Members Want NPA-INTELS Pilotage Monitoring Imbroglio Probed

House Members Want NPA-INTELS Pilotage Monitoring Imbroglio Probed

Business, Politics, Port News
Members of the House of Representatives Wednesday called for a probe of the current face-off between the Nigerian Ports Authority (NPA) and Intels Nigeria Limited leading to the termination of the Pilotage Monitoring Agreement with the oil and gas giant. A motion for the investigation of the matter was moved by Diri Douye (PDP, Bayelsa) who drew the attention of the House that the matter was of urgent national importance. Douye had told the House that the probe had become necessary since Intels had carried out logistics operatrions in Apapa, Onne and Warri ports for 17 years, adding that it was surprising that its contract on pilotage monitoring agreement could be terminated considering that the contract runs for 25 years. Besides, he argued that the termination could lead to mass sack ...