News How Ex- President Jonathan’s Aides fleeced NPA of $24m By maritimemag May 1, 2018 ShareTweet 0 Former Minister of Finance, Dr. Ngozi Okonjo-Iweala, has revealed how some powerful aides of immediate past President Goodluck Jonathan embezzled $24million from the Cargo Tracking Note (CTN) charges introduced by the Nigerian Ports Authority (NPA) under his administration. In her recently released book, “Fighting Corruption is Dangerous: The Story Behind the Headlines”, Okonjo-Iweala said that the ex-president aides embezzled $6m yearly. The former Minister also stated that she became a target of very powerful interests after she sought and got approval from Jonathan for the implementation of the ports reforms, which included the abolition of a Cargo Tracking Note (CTN), a regime which importers argued added costs to them for duplicate services. “During my second month in office in September 2011, the issue of port congestion was brought to the attention of the Economic Management team by members of Nigeria’s organised private sector, especially the Manufacturers Association of Nigeria (MAN) as a serious impediment to doing business. Importers were irate about a Cargo Tracking Note (CTN) regime which they argued added costs to them for duplicate services. “They said that their cargos were already being tracked by the Nigerian Customs Service (NCS) from origin to destination, so then; there was no reason for the Nigerian Ports Authority (NPA) to collect this charge. Upon enquiry, we learned that charges totalled about $6 million a year, so this was consequential. I had never seen this money remitted to the treasury and, in fact, had not known of the existence of the CTN. We recommended that the CTN be abolished immediately. “On October 14, 2011, the Minister of Transport and I sent a memo to the President that outlined the short, medium and long term problems of Nigeria’s ports, proposed solutions and requested approval for implementation shortly thereafter. Then the problems began. I received an anonymous text telling me the port reforms were bad and harmful and I should rescind them. I learned that some agencies such as the Standards Organisation of Nigeria (SON) and others that had been told to develop alternative collaborative arrangements with the Customs to take care of their responsibilities while staying out of the ports were not happy and were lobbying to be let back into the ports. “About six weeks into the implementation of the port reforms, in early December 2011, I received a message that a top-ranking presidential aide wanted me to stop by his office anytime I was in the Villa.” the ex- minister explained in the book The former Director of World Bank further disclosed that, she was locked out of the Villa for refusing to obey the order given by the unnamed influential aide in Jonathan’s administration to restore the CTN with immediate effect. © 2018, maritimemag. All rights reserved.
News Missile attack by Yemen’s Houthi rebels targets a container ship in the Red Sea April 30, 2024171 views
News MWUN, others, direct members to join nationwide strike as NLC, TUC ignore court order November 14, 2023299 views
Headlines NSC’s mandate more robust with creation of Ministry of Marine and Blue Economy -NSC Boss Ukeyima November 1, 2023418 views
Dangote refinery can supply diesel, petrol needs of West Africa; African continent’s aviation fuel requirements — Dangote May 19, 2024
Marine and Blue Economy Ministry to increase local fish production, reduce dependence on importation May 18, 2024
No justification for epileptic electricity supply in Nigeria – Eminent Nigerians, and leaders May 18, 2024