NPA Port Decommissioning Threatens BUA’s $400m Project
October 4, 2019
2:32 pm
The recent decommissioning of BUA Ports and Terminal, Port Harcourt, Rivers State by the Nigerian Port Authority (NPA) is threatening the take-off of $400 million project and negating the federal government’s policy of ease of doing business and efforts to attract investments to the country.
The General Manager, BUA Ports & Terminals Limited, Mr. Mohammed Lile Ibrahim, stated this, insisting that the action by the government agency was not only undermining concession agreements and internationally acceptable judicial/dispute resolution procedures but also contradicts federal government’s claims of creating conducive environment for businesses to thrive.
Ibrahim said while BUA had been fulfilling …
