Monday, March 4, 2024

FG restoring Intels’ pilotage contract doesn’t benefit me – Atiku

Former Vice-President Atiku Abubakar has denied benefiting from the recent decision by the federal government to reinstate the boat pilotage monitoring business, previously handled by Intels Nigeria Limited.

According to a memo dated November 30, 2023, the federal government extended Intels’ contract to operate in the Lagos pilotage district.

Abubakar, in a statement on Sunday, clarified that he sold his shares in Intels to Orlean Investment Group in January 2021 and has had no involvement in the company since then.

He refuted allegations of his connection to the Intels contract and emphasized that his divestment from the company has not been reversed.

Abubakar called the insinuations of his benefit from the contract reinstatement untrue and labeled them as mischief.

The controversy surrounding Intels’ contract includes conflicting decisions by President Buhari, with the Ministry of Maritime and Blue Economy expected to present approvals to the federal executive council for ratification.

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