The Nigerian Ports Authority (NPA) has denied the allegation that it operates secret foreign accounts that have been looted, describing the report as untrue, malicious and sponsored.
Responding to an online media report, the NPA General Manager in charge of Corporate and Strategic Communication, Ibrahim Nasiru, said the false report was sponsored as the organization operates in compliance with Federal Government’s directive on Treasury Single Account (TSA).
Nasiru said the agency’s two USD-denominated domiciliary accounts were approved by the Federal Government and are transparently run-in accordance with agreed safeguards emplaced by the Office of the Accountant General through the Central Bank of Nigeria (CBN).
In making further clarification, Nasiru in a press statement, said the opening of two accounts for collection of service boats pilotage revenue was made to the Accountant General of the Federation in a letter dated August 26, 2016 and approval was obtained to that effect.