• Senate uncovers unclaimed overtime cargoes worth billions of naira

    Senate uncovers unclaimed overtime cargoes worth billions of naira

    According to reports, the Senate had discovered overtime cargoes worth billions of naira stacked at the Ikorodu Lighter Terminal, Lagos State, by the Nigeria Ports Authority for not less than 10 years.

    The Chairman Senate Committee on Customs, Excise and Tariff, Sen. Hope Uzodinma, made the disclosure when briefing newsmen in Abuja on Tuesday.

    He said that the containers were moved there by the NPA to decongest the Apapa Port.

    Uzodinma said that the committee discovered the cargoes during its oversight visit to […]

  • Nigeria demands $635m from Total, Agip over undeclared cargoes

    Nigeria demands $635m from Total, Agip over undeclared cargoes

    Cash strapped Nigeria’s Federal Government is demanding $635million from two multinational oil companies, Agip and Total, for undeclared crude oil shipped out of the country between 2011 and 2014.

    Two cases have been filed at the Federal High court in Lagos by senior lawyer and Senior advocate of Nigeria, Professor Fabian Ajogwu, who had handled several cases for the Federal Government on aviation, defence, energy, and financial services.

    Hearing will begin next week before Justice Olatoregun Isola.

    And there are indications that Ajogwu […]