Navy Holdings Limited (NHL) has responded to a recent malicious publication that has been circulating on several online media platforms.
The publication calls for investigations into Commodore Gabriel Sunday Martins Aligwe, the Executive Director of Operations at NHL, alleging violations of public rules and abuse of office. NHL aims to set the record straight and clarify the situation.
This was contained in a statement signed by Blessed Nuhu Commander, Group Public Relations Officer on recently.
The company highlights that a new management team assumed control of NHL approximately two months ago. Since then, no contracts have been awarded by the new management. Instead, their primary focus has been on renegotiating contracts that have expired.
As part of this process, developers whose contracts have expired have been temporarily halted from working until the renegotiations are completed.
NHL emphasizes that it is a registered company with the Corporate Affairs Commission. The company operates strictly in accordance with the provisions of the Companies and Allied Matters Act 2020, as well as other relevant regulatory provisions.
The Group Managing Director/Chief Executive Officer is accountable to a Board of Directors for the implementation of policies and decisions. Therefore, no director or individual possesses the authority to award contracts without the proper approval of the Board.
In light of these facts, NHL requests the public to disregard the online publication in question. The company remains committed to transparency, strict adherence to regulations, and upholding ethical business practices.
NHL assures the public that any further updates or clarifications regarding this matter will be promptly communicated.
