The co-founder and the majority shareholder of maritime logistics company, Intels Nigeria Limited, Gabriele Volpi, has apologised to the Nigerian Ports Authority (NPA) and the Federal Government over the crisis that led to the termination of the company’s pilotage agreement.

The House of Representatives had on Wednesday urged the government to reverse the termination of the pilotage contract, even before an investigation. The lower legislative body also set up an ad-hoc committee to investigate the legality of the termination of the contract.

However, contrary to reports in several media outlets last week, that Intels would drag the NPA to court of over the contract termination, Volpi who co-founded Intels with former vice president, Atiku Abubakar, has extended an olive branch to the NPA.

He explained that he was not involved in the botched negotiation between Intels and the NPA and pledged that his company would transfer all the revenue collected from the boat monitoring and supervision services to the Treasury Single Account (TSA) as the NPA had demanded,