Tuesday, February 3, 2026
No Result
View All Result
News Den Nigeria
  • HOME
  • NEWS
    • NIGERIA
    • AFRICA
    • WORLD
  • POLITICS
  • BUSINESS
  • SHOWBIZ
  • EDUCATION
  • HEALTH
  • TECHNOLOGY
  • SPORTS
  • OPINION
  • MORE
    • FEATURES
    • INTERVIEWS
    • RELIGION
    • RELATIONSHIP
    • VIDEOS
  • HOME
  • NEWS
    • NIGERIA
    • AFRICA
    • WORLD
  • POLITICS
  • BUSINESS
  • SHOWBIZ
  • EDUCATION
  • HEALTH
  • TECHNOLOGY
  • SPORTS
  • OPINION
  • MORE
    • FEATURES
    • INTERVIEWS
    • RELIGION
    • RELATIONSHIP
    • VIDEOS
No Result
View All Result
News Den Nigeria
No Result
View All Result

BUA Group to Hadiza Usman: Show how we violated concession agreement

by NewsDen Publishers
June 2, 2025
in BUSINESS, NEWS, NIGERIA
0
BUA Group to Hadiza Usman: Show how we violated concession agreement
Share on FacebookShare on TwitterShare on WhatsappSend to Email

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 Mohammadu Buhari’s regime.

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

Maris School Admission Maris School Admission Maris School Admission
ADVERTISEMENT

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

AlsoRead

BUA Group Chairman urges Britain, allies to deepen investments, partnership with Nigeria

Okowa Says COVID-19 Battle Needs Collective Effort For Victory

BUA in the statement questioned the special adviser’s decision to ignore court judgments 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 governmen,” 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.

By Deborah Coker

ShareTweetSendSend
Previous Post

Onyeme Urges Deltans To Invest In The State

Next Post

Bandits Kill 3 Security Operatives, Abduct Residents

Related Posts

Maris Lecture 2026: Irabor To Speak On “Insecurity: Bane Of Nigeria’s Unity And Progress”
EDUCATION

Maris Lecture 2026: Irabor To Speak On “Insecurity: Bane Of Nigeria’s Unity And Progress”

by NewsDen Publishers
February 3, 2026
Oborevwori Hails Tonlagha At 50, Says His Life Exemplifies Service, Resilience, Gratitude
NEWS

Oborevwori Hails Tonlagha At 50, Says His Life Exemplifies Service, Resilience, Gratitude

by NewsDen Publishers
February 3, 2026
Jubilation As Oborevwori Inaugurates Model Technical College, Omadino
NEWS

Jubilation As Oborevwori Inaugurates Model Technical College, Omadino

by NewsDen Publishers
February 2, 2026
Fr. Mozia Admonishes Christians To Persevere In Serving God
NEWS

Fr. Mozia Admonishes Christians To Persevere In Serving God

by NewsDen Publishers
February 1, 2026
Catholic Priest Says Oborevwori Is Creating A New Delta
NEWS

Catholic Priest Says Oborevwori Is Creating A New Delta

by NewsDen Publishers
January 31, 2026
Next Post
Bandits Kill 3 Security Operatives, Abduct Residents

Bandits Kill 3 Security Operatives, Abduct Residents

Leave a Reply Cancel reply

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

I agree to the Terms & Conditions and Privacy Policy.

LATEST

Maris Lecture 2026: Irabor To Speak On “Insecurity: Bane Of Nigeria’s Unity And Progress”

Maris Lecture 2026: Irabor To Speak On “Insecurity: Bane Of Nigeria’s Unity And Progress”

February 3, 2026
Oborevwori Hails Tonlagha At 50, Says His Life Exemplifies Service, Resilience, Gratitude

Oborevwori Hails Tonlagha At 50, Says His Life Exemplifies Service, Resilience, Gratitude

February 3, 2026
Jubilation As Oborevwori Inaugurates Model Technical College, Omadino

Jubilation As Oborevwori Inaugurates Model Technical College, Omadino

February 2, 2026
Fr. Mozia Admonishes Christians To Persevere In Serving God

Fr. Mozia Admonishes Christians To Persevere In Serving God

February 1, 2026
Catholic Priest Says Oborevwori Is Creating A New Delta

Catholic Priest Says Oborevwori Is Creating A New Delta

January 31, 2026

TRENDING STORIES

  • Jubilation As Oborevwori Inaugurates Model Technical College, Omadino

    Jubilation As Oborevwori Inaugurates Model Technical College, Omadino

    0 shares
    Share 0 Tweet 0
  • Oborevwori Hails Tonlagha At 50, Says His Life Exemplifies Service, Resilience, Gratitude

    0 shares
    Share 0 Tweet 0
  • DTSG Releases 2025/2026 Approved School Calendar 

    0 shares
    Share 0 Tweet 0
  • Catholic Priest Says Oborevwori Is Creating A New Delta

    0 shares
    Share 0 Tweet 0
  • CBT: WAEC Mandates 250 Computers, CCTV For Participating Schools

    0 shares
    Share 0 Tweet 0
  • Names Of 16 Soldiers Accused Of Plotting Coup Against Tinubu

    0 shares
    Share 0 Tweet 0
  • Maris Lecture 2026: Irabor To Speak On “Insecurity: Bane Of Nigeria’s Unity And Progress”

    0 shares
    Share 0 Tweet 0
  • Oborevwori Presents 65 SUVs To Traditional Rulers In Delta

    0 shares
    Share 0 Tweet 0
  • Delta Govt Restates Timely, Quality Delivery of Road Projects

    0 shares
    Share 0 Tweet 0
  • Okowa Mourns Senator Osakwe

    0 shares
    Share 0 Tweet 0
  • HOME
  • ABOUT US
  • CONTACT US

© NEWS DEN Since 2020 - Published by: GOLDSON'S RESOURCES.

No Result
View All Result
  • Home
  • NEWS
    • NIGERIA
    • AFRICA
    • WORLD
  • POLITICS
  • SHOWBIZ
  • EDUCATION
  • BUSINESS
  • HEALTH
  • TECHNOLOGY
  • SPORTS
  • OPINION
  • MORE
    • FEATURES
    • INTERVIEWS
    • RELIGION
    • RELATIONSHIP
    • VIDEOS

© NEWS DEN Since 2020 - Published by: GOLDSON'S RESOURCES.