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Showing posts from October 3, 2017

NIMASA To Appeal Federal High Court Judgement NLNG

PRESS RELEASE.

The Director General of the Nigeria Maritime Administration and Safety Agency Dr. Dakuku Peterside has expressed the Agency's dissatisfaction with the judgement of the Federal High Court by Justice  M.B. Idris delivered yesterday in a case between NIMASA and the Nigeria Liquefied Natural Gas (NLNG).

Consequently, Dr. Dakuku had stated the Management's intention to appeal the judgement. He noted"the Agency's legal team are waiting for the certified true copy of the judgement which we will study and respond as appropriate."

NIMASA had in 2013 requested the NLNG to pay all statutory levies accruable to the Agency including the 3 per cent levy on gross freight on inbound and outbound international cargo, 2 per cent Cabotage and Sea Protection levies stating the NLNG is not exempted from payments of statutory levies after its tax holiday ended many years ago.

Section 2 (1) of NIMASA Act states that, "This Act shall apply to ships, small ships and c…