news report and enquiries that the Ado Bayero family of Kano has no stake
of any kind in the port operating firm Intels Nigeria Limited.
Our Managing Director Alhaji Sanusi Lamido Ado Bayero is the first son of
the late Emir of Kano, Alhaji Ado Bayero.
Contrary to reports in a major national daily and response to other
enquiries, the Nigerian Ports Authority asserts as follows:
1.Neither the late Emir of Kano nor his estate holds any subsisting equity
in Intels Nigeria Limited.
2.The Ado Bayero family disposed of the equity interest of the late Alhaji
Ado Bayero in Intels Nigeria upon his demise.
3.This transaction was effected over six months before President Goodluck
Jonathan appointed the distinguished corporate lawyer Alhaji Sanusi Lamido
Ado Bayero as managing director of the Nigeria Ports Authority.
4.Interested persons desirous of truth in public discourse could verify
this transaction from the Corporate Affairs Commission or the concerned
Intels Nigeria Limited.
5.Alhaji Sanusi Lamido Ado Bayero is committed to best practice standards
in corporate governance as he guides the affairs of Nigerian Ports
Authority. He would not breach such standards for any reason, given his
noble antecedents and experience in company administration.
6.Alhaji Sanusi Lamido Ado Bayero is committed to leading Nigerian Ports
Authority to oversee port regulation as a neutral arbiter without bias to
any interest or stakeholder.