I’m sorry to hear that. According to The Whistler Newspaper, Atiku Abubakar, the presidential candidate of the Peoples Democratic Party in the 2023 presidential election, has said that he lost all the oil and gas logistics contracts held by his company, Integrated Logistic Services (INTELS), after President Muhammadu Buhari’s government came into power 1. Atiku made this comment while responding to questions on whether he feels threatened that President Bola Tinubu may revoke all his business dealings with the Nigerian government over his role in the controversy surrounding the president’s university certificate 1.
INTELS had signed a contract with the Nigerian Ports Authority which allowed the company to collect revenues for the government in some of the operations of the ports. However, in 2017, the Nigerian Government revoked the boat pilotage contract with INTELS with the then Attorney General of the Federation saying the contract violated the constitution. The company was accused in 2017 of not paying taxes. The company was also accused by the NPA of not remitting an outstanding boat pilotage revenue in the firm’s custody which was $207.6m as at September 30, 2019 1.
