Buhari appoints Koko substantive NPA MD

President Muhammadu Buhari has approved the appointment of Mohammed Bello-Koko as the substantive Managing Director of the Nigerian Ports Authority, NPA.

The approval is contained in a statement signed on Tuesday by the Director, Press and PR Department of the Federal Ministry of Transportation, Eric Ojiekwe.

Recall that the President had on May 6, 2021, appointed Mr Koko as the acting Managing Director of the Authority, following allegations of non-remittance of N165 billion operating surplus to the coffers of the federal government, an allegation she denied.

Meanwhile, an 11-man committee set up by the minister of Transport, Rotimi Amaechi, to investigate the suspended managing director had exonerated her from financial misappropriations.

Parts of the panel report show that the managing director was not found wanting for corruption or non-remittance of N165billion.

The committee had submitted its report on January 10 after eight months of dilly-dallying and alleged administrative scheming to delay the presidential directive for her reinstatement.