The Nigerian Ports Authority (NPA) has debunked an online report that it operates two secret accounts outside Nigeria, which have been allegedly looted.

According to a statement by  General Manager Corporate and Strategic Communications, Nasiru Ibrahim, contrary to what it called “sponsored report, which are both false and malicious”, the NPA operates two USD-denominated domiciliary accounts that were approved by the Federal Government and are transparently run, in accordance with agreed official safeguards put in place by the Office of the Accountant General through the Central Bank of Nigeria (CBN) and the Federal Government of Nigeria’s TSA policy against possible infractions and looting.

Ibrahim went on to explain that, while the NPA management’s initial reaction was to dismiss the news report by PointBlank Online Newspaper with a wave of the hand, the compelling need to set the record straight and disabuse the minds of well-meaning and unsuspecting members of the various publics on the subject took precedence.

The statement titled: “NPA operates approved USD-denominated domiciliary accounts, not secret accounts”, reads thus:

The attention of the Nigerian Ports Authority (NPA) has been drawn to a media report by PointBlank Online Newspaper of Monday July 25, 2022, suggesting that the Authority operates two secret accounts outside Nigeria, which have been allegedly looted.

Contrary to their claims in the apparently sponsored report, which are both false and malicious, the NPA operates two USD-denominated domiciliary accounts that were approved by the Federal Government and transparently run, in accordance with agreed official safeguards emplaced by the Office of the Accountant General through the CBN and the TSA policy of the Federal government of Nigeria against possible infractions and looting.  While the NPA management’s initial disposition was to dismiss the news report with a wave of the hand, the compelling need to set the records straight and disabuse the minds of well-meaning and unsuspecting members of the various publics on the subject matter assumed prime consideration.

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