The House also mandated APM Terminals to reverse its decision to increase additional tariff on all of its services rendered at the port and revert to the original charges. The House took the decision on Tuesday following a sustained grilling of the top managements of APM Terminals and the National Port Authority (NPA) by Plenary. It comes following the advice of the Managing Director of the National Port Authority, Bill Tweahway that the APM Terminals’ agreement was a bad deal and should be amended by the Legislature. “The first thing I will tell you [members of the House] is that the APM Terminal agreement is a bad agreement. He said despite the company’s right to increase tariff every year, over the last five year, the company only increased tariff twice.

Source: Front Page Africa January 27, 2021 06:16 UTC