Reps Query NPA, terminal operators over unremitted N 1.6 billion concession lease fees
ZAINAB JUNAID
The House of Representatives Public Accounts Committee has queried Nigerian Ports Authority (NPA) and seaport terminal operators over alleged $852.094 million (N1.897 billion) and other funds owed to the Federal Government. The committee claimed that N269.410 million of the N1.8 billion has been recovered while the balance of N1.6 billion invoices processed on the cramped areas remains unpaid by the leadership of Nigerian Ports Authority and other terminal operators. According to the committee, “The sum of $504,663,452.37 is volume change on fix lease fee payment by APMT arising from clauses in the concession agreement between NPA and APMT out of the total sum of $852,093,730.77. “Bills raised on cramped areas which remain unpaid is $19,169,459.00. “The following has been paid GMT-$54,707,700.08, unpaid penalties – $11,922,642.68 and unpaid VAT-$28,693,707.07”. “$92,533,518.72 has been recovered; leaving unpaid lease and throughput fee in the sum of $139,970,637.71 (made up of $113,982,486.82 and $5,988,150.89) respectively. The committee thus directed the NPA management to reconcile their records with the office of the Auditor General For the Federation, AuGF, and provide evidence of remitting the recovered N269.51m and $92.534m to the government within a short period.
