FG: Why Hadiza Bala Usman Was Suspended As NPA MD

'Dotun Akintomide
Writer

Ad

Tesla sales tumble 40% in Europe as BYD surges past rival

By Obinna Uballa Tesla’s grip on the European electric vehicle market continued to loosen in July, with sales plunging 40% year-on-year even as Chinese challenger BYD posted explosive growth, according to data from the European Automobile Manufacturers Association (ACEA) on Thursday. New car registrations of Tesla vehicles totaled 8,837 in July, down 40% year-on-year, according…

Tinubu Returns to Abuja, Says Foreign Engagements ‘ll Enhance Nigeria’s Economic Growth

By Abiola Olawale President Bola Ahmed Tinubu returned to Abuja on Thursday, August 28, 2025, following a state visit to Brazil and an earlier visit to Japan. Shortly after his return, Tinubu stated that his international engagements are focused on fostering economic growth, job creation, and long-term prosperity for Nigerians. In a statement shared on…

Access HoldCo Names Innocent Ike CEO as Aig-Imoukhuede tightens grip after Wigwe’s death

By Obinna Uballa Access Holdings Plc has confirmed the appointment of Mr. Innocent Ike as its substantive Group Managing Director and Chief Executive Officer (GMD/CEO), effective August 29, 2025, following approval from the Central Bank of Nigeria (CBN). The announcement comes less than 24 hours after Roosevelt Ogbonna, the Managing Director of Access Bank, resigned…

Ad

The Federal Government has explained why President Muhammadu Buhari approved the suspension of the Managing Director (MD) and Chief Executive Officer (CEO) of the Nigerian Ports Authority (NPA), Hadiza Bala Usman.

Usman, who was reappointed by Buhari as the MD/CEO of the NPA in January, was suspended on Thursday, few months into the new tenure.

Usman was initially appointed as the MD/CEO in 2016.

The Senior Special Assistant on Media and Publicity to the President, Mallam Garba Shehu, in a statement issued on Thursday confirmed the development, stating that the decision of the President to suspend Usman was attributed to an investigation carried out on some activities taking place in the NPA.

The President has also approved the recommendation of the Ministry of Transportation for the setting up of an Administrative Panel of Inquiry to investigate the management of the NPA.

The panel will be headed by the Director, Maritime Services of the Ministry while the Deputy Director, Legal of the same ministry will serve as Secretary.

Also, Mr Mohammed Koko has been appointed to act as the MD/CEO of the NPA, pending the conclusion of the investigation by the panel.

The statement reads: “President Muhammadu Buhari has approved the recommendation of the Ministry of Transportation under Rt. Hon. Rotimi Amaechi for the setting up of an Administrative Panel of Inquiry to investigate the Management of the Nigerian Ports Authority, NPA.

“The President has also approved that the Managing Director, Hadiza Bala Usman, step aside while the investigation is carried out.

“Mr Mohammed Koko will act in that position. The panel is to be headed by the Director, Maritime Services of the Ministry while the Deputy Director, Legal of the same ministry will serve as Secretary.

“Other members of the panel will be appointed by the Minister,” the statement added.

Ad

X whatsapp