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NNPC to pay N2.1 bn NPA debt

The Managing Director NPA,  Hadiza Bala Usman (left), presenting a plaque to the Group
Managing Director, NNPC, Dr. Maikanti
Baru, when the former paid a courtesy visit to the latter at the NNPC
Headquarters in Abuja.

All debts
owed the Nigerian Ports Authority (NPA) by the Nigerian National Petroleum Corporation
(NNPC) between 2017 to date, amounting to about 2.1 billion Naira for services
rendered to the Corporation are to be settled this week.

This is
coming just as the NPA has assured that henceforth the NNPC would not be
charged by the Authority for services not offered to the Corporation.
The new
measure is to foster better working relationship with the Corporation.

These were
part of the outcome of discussions between the Managing Director of the NPA,
Hadiza Bala Usman and the Group Managing Director NNPC, Engr. Maikanti
Baru, when she paid him a courtesy call in Abuja on Tuesday.

assuring that the NNPC would subsequently ensure steady and prompt payment for
services rendered to it by the Authority, the Corporation said it may be
constrained to approach the NPA Board for a soft landing on the payment of
legacy debts the Corporation owes the NPA, some of which have been outstanding
for more than 20 years.

Bala Usman said her visit to the Corporation was borne out of the desire to strengthen
the synergy and collaboration between both Agencies. 

to her, with the planned dredging of the Escravos and Ejigbo area in Lagos,
there was a need for the Corporation to bury its pipelines deeper to allow for
effective dredging activities to enable deeper draft for bigger vessels to
access Warri and Lagos in a bid to enhance the supply of petroleum products and
other larger vessels coming into the country.

commended the NPA for securing the approval of the Federal Executive Council
(FEC) for the dredging of the Escravos channel, stressing that the feat would
go a long way in stimulating economic activities in the area.

commending the NPA Management under Hadiza Bala Usman for ensuring speedy
clearance of Petroleum laden vessels to berth, Baru described Hadiza’s style of
Management as “Nationalistic”, saying that the NNPC would remain grateful to
the NPA for the existing cordial relationship between them in the service of
the nation.

Managing Director was accompanied on the visit by the Executive Director,
Finance & Admin., Mohammed Bello-Koko, that of Engineering & Technical
Services, Prof. Idris Abubakar and the General Managers of Engineering and
Abuja Liaison Office, Engr. Rufai Mohammed and Mr. Kabir Edward respectively.

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