September 20, 2018

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Oil and Gas monopoly to end – Bala Usman

Oil and Gas monopoly to end – Bala Usman

In a bid to end the feud among port terminal operators that has delayed multi-billion dollars of investments, the Managing Director of the Nigerian Ports Authority (NPA), Ms. Hadizah Bala Usman, has vowed to ensure that no organisation operating in the sector enjoys monopoly in the provision of oil and gas logistics.

The NPA boss stated this during a familiarisation visit to Nigerdock’s Snake Island Free Zone and Lagos Deep Offshore Logistics base (LADOL) in Lagos.

Usman, who was responding to the concern raised by the Chairman of Jagal Group, owners of Nigerdock, Mr. Anwar Jarmakani, said the NPA would in the coming weeks take a critical look at existing legislation to determine whether any monopoly currently exists. She stressed that she would ensure a level playing field for all operators and promote a healthy competition. Read more

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