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The NMA charges on shipping lines that called into Nigerian ports were increased in 2003, with a surcharge being added to taxes on all Nigerian freights. In December 2004, based on recommendations from the World Bank, the government announced that all NMA charges would be scrapped as of January 2005. There were delays in implementing the change.
The Innoson Group vs GTBank fraud case involves claims where plaintiff Innoson Motors claims that GT Bank owes Innoson Motors a large sum of money that after 22% interest compounded annually over several years totals ₦ 8.9 billion. However, the Nigerian government is also investigating claims that Innoson Motors is guilty of fraud. [ 1]
The Nigeria Police Force is a very large organisation consisting of 36 State commands and Federal Capital Territory (FCT) grouped into 17 zones and 8 administrative organs. [ 5] As at July 2024, the NPF is headed by IGP (Inspector General) Kayode Egbetokun. [ 6] In 2020, it underwent major overhauls. [ 7]
The International Ship and Port Facility Security ( ISPS) Code is an amendment to the Safety of Life at Sea (SOLAS) Convention (1974/1988) on Maritime security including minimum security arrangements for ships, ports and government agencies. Having come into force in 2004, it prescribes responsibilities to governments, shipping companies ...
Nigerian Ports Authority, 26/28 Marina, Lagos. The Nigerian Ports Authority ( NPA) is a federal government agency that governs and operates the ports of Nigeria. The major ports controlled by the NPA include: the Lagos Port Complex and Tin Can Island Port in Lagos; Calabar Port, Delta Port, Rivers Port at Port Harcourt, and Onne Port.
Law. v. t. e. Possession of stolen goods is a crime in which an individual has bought, been given, or acquired stolen goods. In many jurisdictions, if an individual has accepted possession of goods (or property) and knew they were stolen, then the individual may be charged with a crime, depending on the value of the stolen goods, and the goods ...
Vining Ogu. August 9, 2024 at 2:10 AM. By Vining Ogu. LAGOS (Reuters) - Days after hundreds of thousands of people took to the streets across Nigeria to protest against inflation and other ...
Oil services firm Transocean Ltd made corrupt payments to the value of US$90,000 to Nigerian customs officials between 2002 and 2007 to extend its importation status and receive false paperwork. [8] Tidewater Inc., an oil service firm, paid US$1.6 million through Panalpina to Nigerian customs officials to clear vessels into Nigerian waters. [9]