The House of Representatives ad hoc committee on the Treasury Single Account (TSA) has given the management of Intels Nigeria Limited 24 hours to remit funds accrued from its pilotage service contract with the Federal Government. The lawmakers gave the directive at a public hearing held on Wednesday. The committee also asked the company to provide... Read More

Intels Nigeria Limited, Treasury Single Account (TSA)

December 8, 2017

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NPA writes AGF over its dispute with Intels, seeks clearance to restore contract

The Nigerian Ports Authority (NPA) has said that its disagreement with Intels Nigeria Limited over the Treasury Single Account (TSA) of the Federal Government is now resolved. Background: NPA and Intels have been engaged in a dispute over revenue sharing structure and payment procedure. Eventually, Intels apologised, stating its readiness to comply with TSA. As... Read More

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Abubakar Malami, Hadiza Bala Usman, Intels Nigeria Limited, NPA, Treasury single account

November 27, 2017

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Intels writes NPA, pledges commitment to TSA

Embattled logistics company, Intels Nigeria Company, has reportedly written to the Nigerian Ports Authority (NPA), apologising and committing to the government’s Treasury Single Account (TSA) policy. According to a report by Premium Times, this came three weeks before the Federal Government ordered expatriates to vacate the country. Highlights of the report: In the Intels’ letter... Read More

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Intels Nigeria Limited, Nigerian Ports Authority, Single Treasury Account

October 18, 2017

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“We don’t want to rush to court” | Intels on contract cancellation

The management of Intels Nigeria Limited Tuesday, 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. Highlights: According to Vanguard, Intels General Manager, Legal, Mike Epelle said as a matter of policy, they would rather explore... Read More

The News Blog

Intels Nigeria Limited, Nigerian Ports Authority (NPA), Treasury Single Account (TSA)

October 17, 2017

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“It is clear that there is more to all these than the TSA issue” | Intels speaks on impasse with NPA

Intels Nigeria has claimed that the current management of Nigerian Ports Authority (NPA), intentionally frustrated attempts to address the issues raised by the introduction of Treasury Single Account (TSA), in the execution of its pilotage agency agreement. Intels said the issues arose because the pilotage agency agreement signed in 2010 did not envisage TSA, and... Read More

The News Blog

Intels Nigeria Limited, Nigerian Ports Authority (NPA), Treasury Single Account (TSA)

Reps give Intels 24 hours to remit dues owed FG

NPA writes AGF over its dispute with Intels, seeks clearance to restore contract

Intels writes NPA, pledges commitment to TSA

“We don’t want to rush to court” | Intels on contract cancellation

“It is clear that there is more to all these than the TSA issue” | Intels speaks on impasse with NPA

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