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Business

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ICT

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VerveLife 5.0 Gears Up for Nairobi, Lagos Events

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Capital Market

Tinubu Applauds NGX N100tn Milestone, Charges Nigerians to Invest More Locally

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FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

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NGX Expands Market Offerings with Introduction of Commercial Paper Listings

Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP)...

NGX Chair: Media Coverage of Capital Market Key to Sustainable Growth

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Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

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Insurance

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SanlamAllianz Takes Financial Education to Lagos Markets

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Business

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ICT

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Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

Insurance

Sovereign Trust Insurance Strengthens Partnership with TEXEM UK

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SanlamAllianz Takes Financial Education to Lagos Markets

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GCR Upgrades NEM Insurance Rating to AA+ on Sustained Profitable Growth, Stable Outlook

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RE: NPA, BIDDERS AT WAR OVER CARGO SURVEY

The Management of the Nigerian Ports Authority (NPA) renounces the Guardian Newspaper Publication of Tuesday the 21st day of March 2017 on page 42 titled “NPA, bidders at war over Cargo Survey.

As a responsible corporate entity of the Federal Republic of Nigeria, the NPA respects the Institution of Law and Order.

In this regard therefore, the Management herewith states categorically that “all our operations are in tandem with due process and in line with the provisions of the Procurement Act”.

Therefore, Management further reiterates that the organisation does not manipulate any process in this regard as alleged.

We wish to state categorically that there is a Standing Committee on the evaluation of all contracts which is ratified by the Parastatal Tenders Board (PTB) that is independent of the Managing Director.

The NPA hereby observes that those complaining are doing so because the organisation has strictly followed the provisions of the Law which unfortunately is not to their advantage. This is why they are crying wolf, where there is none.

The Management therefore assures all Stakeholders of strict compliance with the provision of the Public Procurement Act concerning contracts and services.

 

 Nduonofit, Effiong

General Manager, Public Affairs

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