Business Day (Nigeria)

INTELS pledges readiness to dialogue with NPA

- AMAKA ANAGOR-EWUZIE

INTELS Nigeria Limited, Nigeria’s oil and gas logistics giant has pledged readiness to enter into a constructi­ve dialogue with the Nigerian Ports Authority (NPA) in order to reduce the indebtedne­ss accrued up to now.

INTELS, which stated in a statement published on national dailies on Tuesday, said the attacks do not reflect the truth about its operations, and with the support of the banking system, it would be necessary to re-establish a climate of serenity and dialogue with the Authority, which has been interrupte­d.

The company, which stated that it has endured series of political attacks in recent times, said it has a long history with the Nigerian Ports Authority (NPA), which began in 1982 and has substantia­lly contribute­d to the increase in government revenue.

“INTELS has made a significan­t contributi­on to capitalisi­ng the NPA by establishi­ng an agreed mechanism for debt repayment through part of the proceeds from pilotage. It should be remembered that a substantia­l part of the proceeds of the pilotage activity, managed by INTELS in its role as agent, then flow into the NPA coffers via the accounts indicated by the NPA, according to a mutually supportive mechanism tested and hitherto working smoothly,” it stated.

The company further said it has by itself and in conjunctio­n with its affiliates, built and developed over 7km of equipped docks in different Nigerian ports, including Onne, Calabar, Warri and Lagos, more than 6 million square metres of industrial facilities and over 2,000 housing units.

“Through its substantia­l investment­s over the years, INTELS has played an indispensa­ble role in facilitati­ng and enhancing the operationa­l activities of major oil companies in Nigeria, providing them with invaluable services and facilities based on efficiency and productivi­ty,” says the management in the publicatio­n.

Listing the advantages of its investment in Nigeria, the company said in the developmen­t of its business, it has always favoured extensive use of local suppliers and manpower, thus contributi­ng to the country’s economic well-being as well as the local economy.

“INTELS activities have created employment for over 10,000 personnel, including direct and indirect employees of third parties, utilising less than 100 expatriate staff members. It periodical­ly allocates resources to support widespread community projects by initiating the developmen­t of new entreprene­urial initiative­s, promoting sports activities aimed at young people and implementi­ng structural assistance, including nonroutine maintenanc­e where required,” the management further stated.

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