Friday, March 20, 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

Delta to Host South-South Zonal Office of Tax Ombud
NEWS

Delta to Host South-South Zonal Office of Tax Ombud

by NewsDen Publishers
March 19, 2026
Fubara Felicitates Muslim Faithful On Eid El Fitri
NEWS

Fubara Felicitates Muslim Faithful On Eid El Fitri

by NewsDen Publishers
March 19, 2026
How We Are Tackling Electricity Challenges In Delta – Oborevwori
NEWS

How We Are Tackling Electricity Challenges In Delta – Oborevwori

by NewsDen Publishers
March 18, 2026
Fubara Declares 33.5 KM Elele-Umudioga-Egbeda-Ubini-Ikiri-Omoku Road Completed 
NEWS

Fubara Declares 33.5 KM Elele-Umudioga-Egbeda-Ubini-Ikiri-Omoku Road Completed 

by NewsDen Publishers
March 18, 2026
65 Students Benefit as Izeze, FOOSTODEY Sponsor Full NECO Fees in Delta
EDUCATION

65 Students Benefit as Izeze, FOOSTODEY Sponsor Full NECO Fees in Delta

by NewsDen Publishers
March 18, 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

Delta to Host South-South Zonal Office of Tax Ombud

Delta to Host South-South Zonal Office of Tax Ombud

March 19, 2026
Fubara Felicitates Muslim Faithful On Eid El Fitri

Fubara Felicitates Muslim Faithful On Eid El Fitri

March 19, 2026
How We Are Tackling Electricity Challenges In Delta – Oborevwori

How We Are Tackling Electricity Challenges In Delta – Oborevwori

March 18, 2026
Fubara Declares 33.5 KM Elele-Umudioga-Egbeda-Ubini-Ikiri-Omoku Road Completed 

Fubara Declares 33.5 KM Elele-Umudioga-Egbeda-Ubini-Ikiri-Omoku Road Completed 

March 18, 2026
65 Students Benefit as Izeze, FOOSTODEY Sponsor Full NECO Fees in Delta

65 Students Benefit as Izeze, FOOSTODEY Sponsor Full NECO Fees in Delta

March 18, 2026

TRENDING STORIES

  • Delta to Host South-South Zonal Office of Tax Ombud

    Delta to Host South-South Zonal Office of Tax Ombud

    0 shares
    Share 0 Tweet 0
  • Oborevwori Mourns Late DBS Broadcaster, Vivian Nkechika

    0 shares
    Share 0 Tweet 0
  • Oborevwori Inaugurates 31 Kilometres Ohoror-Bomadi Road Amidst Praises

    0 shares
    Share 0 Tweet 0
  • Delta Govt Approves Hostels for Tertiary Institutions

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

    0 shares
    Share 0 Tweet 0
  • Onyeme Performs Groundbreaking For The Palace Of Obi Of Aboh 

    0 shares
    Share 0 Tweet 0
  • Yusuf Declares Public Holiday To Mourn Kano Accident Victims

    0 shares
    Share 0 Tweet 0
  • Deputy Governor Onyeme Commissions Modern Plantain Processing Facility

    0 shares
    Share 0 Tweet 0
  • Oborevwori Mourns As Delta Ex-Deputy Governor, Benjamin Elue, Dies At 85

    0 shares
    Share 0 Tweet 0
  • COVID-19: Okowa’s CPS Distributes Face Masks To Schools

    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.