Friday, June 13, 2025
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
No Result
View All Result

Concession agreement: BUA Group, Hadiza Usman in verbal war

Freedom Online by Freedom Online
June 1, 2025
in Breaking News
0
Concession agreement: BUA Group, Hadiza Usman in verbal war
1.8k
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

The Management of BUA Group has challenged Ms Hadiza Bala Usman to specify clause violated by the group to warrant termination of their port concession agreement with the Nigerian Ports Authority (NPA).

Usman is the Special Adviser to President Bola Tinubu on Policy Coordination, and one time Managing Director of NPA, during former President Muhammadu Buhari’s regime.

The group was responding to Usman’s claims justifying the abrogation of the concession.

This is contained in a statement by the BUA group in Abuja on Sunday.

BUA in the statement questioned the special adviser’s decision to ignore court judgements on the issue and the arbitration process initiated by former President Muhammadu Buhari.

The group while noting that Tinubu had further consolidated on due process rejected by Usman while she served as NPA MD, also said that the present administration’s inclination to due process had further restricted the kind of arbitrariness that the aide exhibited in her assertions and actions as NPA MD.

“In her comments, she accused BUA Group and our Chairman, AbdulSamad Rabiu, of breaching a concession agreement and distorting facts.

“BUA entered into a valid long lease agreement in 2006 with the NPA to rehabilitate and operate Terminal B at Rivers Port in Port Harcourt, Rivers.

“Long before Ms Usman’s appointment, BUA had begun formal engagement with the NPA to address outstanding remedial works and infrastructural deficiencies. These discussions were near conclusion when she assumed office.

“Rather than build on that process, she ignored BUA’s requests and obligations under the agreement.

“In 2016, BUA wrote to the NPA under Article 8.4 of the lease, mandating concessionaires to report environmental and safety concerns and to seek approval for remedial works.

“Rather than act constructively, she used that letter as a pretext to issue a termination notice and summarily shut down the terminal, without providing any prior warning, consultation or invoking the dispute resolution clause,” the company said.

The group noted that these lapses were significant impediments to BUA’s operations and, as a result, led to disputes between the parties.

“After the unlawful termination, BUA approached the Federal High Court, which promptly granted an injunction restraining the NPA from proceeding with termination.

“The NPA itself then referred the dispute to arbitration, as stipulated in Section 17.3 of the agreement, which clearly states: Any dispute, controversy or claim, shall be exclusively and finally settled pursuant to the dispute resolution process prescribed in this Article.”

“In spite of this, Usman, against the advice of her agency, unilaterally decommissioned the berths, thereby violating both the agreement and a court injunction

“To be clear, the concession agreement granted her no such power to decommission. If she believes otherwise, we invite her to publicly cite the specific clause that authorises this action.

“To further compound the illegality, BUA after providing the guarantees and indemnities requested by the NPA, was permitted to resume operations briefly.

“Merely three weeks later, the terminal was again shut down. This left no doubt that her actions were motivated not by due process, but by personal animosity and abuse of office.

“BUA subsequently filed contempt proceedings and was looking at estimated losses in excess of $10 million. These proceedings were only withdrawn out of respect for national interest and following the intervention of well-meaning Nigerians within and outside the government,” the group added.

The group, however, lauded the Tinubu-led administration saying that the culture of impunity had been significantly curtailed under his leadership, as many were aware they could be dismissed or imprisoned if they abused their positions.

The BUA group also said that following Usman’s removal from office, the NPA, under a new leadership, implemented the AGF’s position.

“In 2022, BUA was granted formal approval to resume reconstruction works. The contract was awarded to TREVI, and BUA has since invested over $65 million; entirely self-funded and with no recourse to public funds or subsidies.

“Work is ongoing and completion is expected in the first quarter of 2026,” BUA further said.

Tags: Concession agreement: BUA Group Hadiza Usman in verbal war
Share28Tweet18Send
Previous Post

Akpabio condoles Governor Yusuf, families of dead Kano athletes and officials

Next Post

Catholic priests: Help! Terrorists have killed more than 50 people in Benue

Related Posts

Breaking News

Ohanaeze lauds Tinubu for honouring Nwosu, wants INEC Headquarters named after him

June 12, 2025
Tinubu: Nigeria not sliding into one-party state
Breaking News

Democracy Day: Akpabio pays tribute to Tinubu as architect of Nigerian Democracy

June 12, 2025
Tinubu: Nigeria not sliding into one-party state
Breaking News

Tinubu: Nigeria not sliding into one-party state

June 12, 2025
Next Post
Sporadic gunshots, bomb blast at Kuje Prison

Catholic priests: Help! Terrorists have killed more than 50 people in Benue

Moroccan Sahara: UK considers Morocco’s Autonomy Proposal as credible

Moroccan Sahara: UK considers Morocco’s Autonomy Proposal as credible

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://freedomonline.com.ng/wp-content/uploads/2025/01/5aeac180-db4e-4e7c-bd37-07ddbf15b053.mp4

Popular Stories

  • Oshiomhole: As President, I will make sure the rich pay more tax

    Oshiomhole reportedly disrupts operations at Lagos airport, assaults Air Peace staff

    81 shares
    Share 32 Tweet 20
  • Wike renames Abuja International Conference Centre after Tinubu

    74 shares
    Share 30 Tweet 19
  • Why we buried Ejeagha, ‘Gwo gwo ngwo’ crooner, 24 hours after demise – Son

    74 shares
    Share 30 Tweet 19
  • Saudi Crown Prince seeks end to Israeli aggression in Gaza

    74 shares
    Share 30 Tweet 19
  • COVID-19: Neymar tests positive

    73 shares
    Share 29 Tweet 18
  • Adeboye visits Alaafin of Oyo (see pix)

    73 shares
    Share 29 Tweet 18

Latest Stories

Funke Fadugba: If anyone says it is finished for you or Nigeria, quickly reject it

Funke Fadugba: If anyone says it is finished for you or Nigeria, quickly reject it

June 12, 2025

Ohanaeze lauds Tinubu for honouring Nwosu, wants INEC Headquarters named after him

June 12, 2025

Dele Momodu: I would have been embarrassed to be recognised by a regime dangerously leading Nigeria down the slope of dictatorship, full-blown tyranny

June 12, 2025
Tinubu: Nigeria not sliding into one-party state

Democracy Day: Akpabio pays tribute to Tinubu as architect of Nigerian Democracy

June 12, 2025
June 12: Lagos Speaker praises Tinubu’s achievements, calls for Civic Engagement

June 12: Lagos Speaker praises Tinubu’s achievements, calls for Civic Engagement

June 12, 2025
Tinubu: Nigeria not sliding into one-party state

Tinubu: Nigeria not sliding into one-party state

June 12, 2025
Democracy: Ongoing realignments, defections not out of place -NNPP

Democracy: Ongoing realignments, defections not out of place -NNPP

June 12, 2025
Freedom Online

© 2025 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.

Navigate Site

  • Home
  • News
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates

Follow Us

No Result
View All Result
  • #13921 (no title)
  • Advert Rates
  • APC ad
  • Archive Sitemap
  • Contact
  • Contact Us
  • Documents
  • Full Width
  • Homepage
  • Ogun State
  • Ogun State banner ad
  • P-A
  • P-A2
  • Privacy policy
  • Sample Page
  • Sample Page
  • Submit an article
  • Welcome

© 2025 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.