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Faulty concessions cost Nigeria millions of dollars – NPA

The NPA explained that Nigeria lost billions of naira due to faulty concessions granted to private operators by the federal government in the past The Nigerian Ports Authority (NPA) has blamed faulty concessions entered into with private operators by the Federal Government for huge sums of unremitted revenues. The authority, however, said the Wold Bank is assiting it to rectify the bad deals and that it had been able to recover a fraction of what...

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