Home News NPA remitted all surplus funds – Hadiza Bala Usman writes Gambari

NPA remitted all surplus funds – Hadiza Bala Usman writes Gambari

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Twenty hours after refuting allegations of failing to remit the operating surplus of the Nigerian Ports Authority (NPA) to the consolidated revenue fund (CFR), Hadiza Bala Usman was suspended as the managing director of the NPA.

In a letter dated May 5, 2021, a copy of which was obtained by TheCable, Usman told Ibrahim Gambari, chief of staff to the president, that the purported failure of the NPA to remit an outstanding balance of N165.32 billion from 2017 to 2018 was a misrepresentation of facts.

She said that contrary to the figures given by the budget office as outstanding operating surplus, the NPA had remitted all that was due to the CFR — as stipulated in the fiscal responsibility act of 2007.

However, it was too late by the time her letter came as the cold war between her and Chibuike Amaechi, the minister of transportation who supervises NPA, was already on the cusp of boiling over.

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