Nigeria: The NPA Saga - Biting the Hand That Feeds!

Last week, news broke out that the Managing Director (MD) of the Nigerian Ports Authority (NPA), Ms Hadiza Bala Usman, has been suspended pending investigation of allegations that remittances of NPA's operating surpluses from 2016 to 2020 were "far short of the amount due," with the Minister of Transportation, Rotimi Amaechi, claiming that there is an unremitted balance of N165 billion.

The suspended MD vehemently disagreed on the basis that the rules the minister applied for calculating the amount to be remitted were inapplicable. The crux of the issue concerns complicated financial accounting and illustrates the never-ending lack of transparency and accountability in government agencies.

...

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.