• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Friday, December 5, 2025
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home News

BUA’s Termination Linked to Contract Violations, Not Political Intrigue, Asserts – Usman

Nathaniel Irobi by Nathaniel Irobi
June 1, 2025
in News
0
BUA’s Termination Linked to Contract Violations, Not Political Intrigue, Asserts – Usman
0
SHARES
10
VIEWS
FacebookTwitterWhatsappEmailTelegram

Hadiza Bala Usman, Special Adviser to President Bola Tinubu on Policy Coordination, has refuted claims made by the BUA Group regarding the termination of their port concession, labelling these assertions as ‘misleading.’ She insists that the issues stem from contractual breaches rather than political motivations.

In a statement released on Saturday, Bala Usman expressed her discontent with BUA Group Chairman Abdul Samad Rabiu’s continued promotion of a narrative that shifts the blame onto government actions. She emphasised that this narrative seeks to divert attention from the company’s documented violations of their concession agreement with the Nigerian Ports Authority (NPA).

RelatedPosts

Three Suspected Bandits’ Financiers Nabbed in Sokoto, Stolen Items Recovered

“Direct Government Involvement In Business Will Drive Economic Growth”- Dr. Takang

MOFI Awards: Finance Minister Inaugurates Panel, Charges On Transparency, Meritocracy

Bala Usman referenced a recent article titled “Two Years of President Tinubu: A Business Perspective,” in which Rabiu portrayed BUA Group as a victim of arbitrary governmental decisions. She categorically dismissed these claims as false.

Rabiu’s article stated, “We no longer worry about arbitrary shutdowns or politically-motivated disruptions… One day, we woke up to a letter stating that the concession had been revoked… There was no warning, no issue, no conflict.” However, Bala Usman countered that the BUA Group had received numerous official notifications regarding their failure to fulfil contractual obligations, many of which were issued prior to her appointment as MD of the NPA.

She explained that BUA Ports and Terminal Limited entered into a 20-year concession agreement for Rivers Port Terminal B on May 11, 2006, with the terminal handed over on August 10, 2006. A core requirement of this agreement mandated the commencement of full reconstruction of Berths 5–8 within 90 days of handover. However, a decade later, BUA had yet to undertake any rehabilitation.

ALSO READ:  NNPCL’s 1.6 billion liters PMS importation: A betrayal to Nigeria’s economic stability – CSOs

Bala Usman noted that a notice of default was issued to BUA on February 11, 2016, well before she took office, referencing earlier correspondence from May 19, 2014, and February 3, 2016. This notice reminded BUA of its failure to initiate improvements on the reconstruction of Berths 5-8 as stipulated in the development plan.

A second notice of default was issued on August 17, 2016, during her tenure. Following BUA’s continued inaction, a three-month termination notice was issued on November 11, 2016. Bala Usman highlighted that BUA later obtained a restraining order from the Federal High Court on January 18, 2018, which the NPA respected, allowing BUA to continue operations without interference.

She clarified that the records demonstrate adherence to due process, asserting that the decision to terminate the concession was not arbitrary but the result of years of documented non-compliance.

Bala Usman remarked on Rabiu’s claim of intervention from then-President Muhammadu Buhari, asserting that seeking such intervention instead of honouring contractual agreements undermined transparency.

“While boasting about his access to former President Muhammadu Buhari, Mr. Rabiu fails to mention that he used this access to misinform the former president, seeking political intervention to override contractual accountability and institutional due process,” she stated.

Bala Usman lamented that instead of recognising its shortcomings, BUA Group has opted for media manipulation, insinuating malfeasance on the part of public officials. She concluded that no amount of name-dropping or self-victimisation can obscure the evident pattern of contractual violations by the company.

“If BUA genuinely wishes to aid Nigeria’s development, it must act as a responsible corporate citizen—one that honours agreements, invests in infrastructure, and respects the institutions of the Federal Republic,” Bala Usman asserted.

ALSO READ:  Nigerians Are Bleeding, Hungry, Unsafe, Disillusioned, Says Kaigama in Easter Message
Tags: Contract Violations
Previous Post

Police Launch Tinted Glass Permit Enforcement Today

Next Post

Tinubu Commissions New Naval Fleet To Boost Maritime Security

Nathaniel Irobi

Nathaniel Irobi

Related Posts

Three Suspected Bandits’ Financiers Nabbed in Sokoto, Stolen Items Recovered

Three Suspected Bandits’ Financiers Nabbed in Sokoto, Stolen Items Recovered

by Nathaniel Irobi
December 5, 2025
0

The police command in Sokoto State has arrested three suspected financiers of banditry and several other individuals linked to motorcycle...

“Direct Government Involvement In Business Will Drive Economic Growth”- Dr. Takang

“Direct Government Involvement In Business Will Drive Economic Growth”- Dr. Takang

by Elanza
December 5, 2025
0

By Mibzar Nixon Jallo, Abuja The Managing Director and Chief Executive Office of the Ministry of Finance Incorporated (MOFI), Dr....

Private sector alone can’t do business in Nigeria, state owned enterprises critical – MOFI

MOFI Awards: Finance Minister Inaugurates Panel, Charges On Transparency, Meritocracy

by Elanza
December 5, 2025
0

By Mibzar Nixon Jallo The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has inaugurated the panel...

Next Post
Tinubu Commissions New Naval Fleet To Boost Maritime Security

Tinubu Commissions New Naval Fleet To Boost Maritime Security

Court dismisses Emefiele’s bid to reclaim forfeited 753 Abuja duplexes, apartments

EFCC Accuses Ex-CBN Governor Emefiele of Fraud and Property Misappropriation

Recommended

How Governor Dauda Lawal Is Reshaping  Zamfara State From Crisis To Hope

How Governor Dauda Lawal Is Reshaping Zamfara State From Crisis To Hope

5 days ago
Chelle’s 54-Man AFCON List Triggers Survival-of-the-Fittest Camp Battle

Chelle’s 54-Man AFCON List Triggers Survival-of-the-Fittest Camp Battle

3 days ago

Popular News

  • Gen. Gora Unveils Campaign Office In Jaba LGA  A Head Of 2027 Elections

    Gen. Gora Unveils Campaign Office In Jaba LGA A Head Of 2027 Elections

    0 shares
    Share 0 Tweet 0
  • Police, Council Accused of Backing Illegal Land Deals

    0 shares
    Share 0 Tweet 0
  • DRTS Jabi Officers Hail Yeldu’s Appointment

    0 shares
    Share 0 Tweet 0
  • TSM Publisher Condoles Mayor Igbokwe Over Mother’s Death

    0 shares
    Share 0 Tweet 0
  • The Holy Robe That Covered Evil

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (801)
  • Education (242)
  • Entertainment (326)
  • Health (217)
  • National (2,785)
  • News (9,216)
  • Opinion (360)
  • Politics (1,817)
  • Science (15)
  • Security (411)
  • Sports (525)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform