Maritime: MD NPA knocks CBN Gov. over investor-unfriendly policies

MD NPA

…Approves 24 Barge operation licenses The Nigerian Ports Authority (NPA) has blamed the Central Bank of Nigeria (CBN) for the decline in Ship-to-Ship (STS) operations and the dearth of the ship bunkering business in Nigeria, saying that the unfriendly policies of the bank is driving away stakeholders and investors from the business. The NPA Managing Director, Mohammed Bello-Koko, who was represented by Ibrahim Abba Umar, the Executive Director Engineering and Technical Services of NPA, made the assertions during a stakeholders engagement called by the Minister Marine and Blue Economy, Adegboyega…

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Economic Crimes: CNPP, CSOs demand immediate resignation of NPA Boss, arrest of ex-Transportation Minister, Rotimi Amaechi

The Conference of Nigeria Political Parties (CNPP) and the Coalition of National Civil Society Organisations (C-CSOs) have called for the immediate resignation of the current Managing Director of the Nigerian Ports Authority (NPA), Moh’d Bello-Koko, and the arrest of the former Minister of Transportation, Rotimi Amaechi, for defying the Federal Government on matters relating to the Treasury Single Account, (TSA), and operating two secret foreign accounts where payments are made and the funds are looted at will by the management and the supervising Minister while he was in office. Recall…

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President Buhari confirms Bello-Koko as NPA substantive MD

…Port workers jubilate sack of Hadiza Bala-Usman…Stakeholders vow to petition EFCC, ICPC on her alleged gross violations of Procurement Act, money laundering President Muhammadu Buhari yesterday confirmed the appointment of Mohammad Bello-Koko as the substantive Managing Director of the Nigerian Ports Authority, (NPA). According to an issued press statement made available to newsmen in Abuja by the Ministry of Transportation and signed by its Director, Press and Public Relations, Eric Ojiekwe, the appointment takes immediate effect. Prior to his appointment, Koko was the Executive Director, Finance & Administration of NPA”,…

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Pandora Papers: Code of Conduct Bureau set to probe Peter Obi, Bello-Koko others

The Code of Conduct Bureau, (CCB), which is the agency dealing with corruption, conflict of interest, and abuse of office by public servants, has declared interest in the Pandora Papers’ revelations regarding Nigerian past and present public officers reported to have owned undeclared assets offshore. The agency has expressed a commitment to open investigations into the allegations. In an October 12 letter to the on-line news platform, Premium Times, the bureau acknowledged the Pandora Papers project and “what it portends” as well as how the landmark global investigation led by…

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Nigerian seaport: Crisis brews in industry over delayed submission of NPA probe report

Stakeholders in the Ports and Maritime industry have appealed to President Muhammadu Buhari to compel the administrative panel of inquiry set up by the Federal Government five months ago to probe the activities of the Nigerian Ports Authority, (NPA), to submit its report. The stakeholders said the Federal Government was losing a lot of revenue while the industry is in crisis over the uncertainty created by the prolonged probe. The 11-member administrative panel, chaired by the Director of Maritime services, Federal Ministry of Transportation, Suleiman Auwalu, was set up on…

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Pandora Papers: ‘How NPA Ag MD, Bello-Koko, allegedly acquired secret offshore coys, London properties’ — Report

The Acting Managing Director of the Nigerian Ports Authority, (NPA), Mohammed Bello-Koko, reportedly owns properties in the United Kingdom which he acquired by secretly running offshore businesses in the British Virgin Islands. This was revealed in a Pandora Papers project, led by the International Consortium of Investigative Journalists, (ICIJ). In the course of the project, leaked documents were retrieved from 14 offshore services firms around the world. Recall that Bello-Koko was appointed as acting MD of NPA following the suspension of Hadiza Bala-Usman reportedly over her disagreement with Rotimi Amaechi,…

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