By Udeme Akpan & Godwin Oritse
THE Management of Nigeria LNG has formally issued a demand notice for the sum of USD$315,598,823.29 judgment debt to the Nigerian Maritime Administration and Safety Agency (NIMASA).
The sum represents the payments made under protest to the Agency by NLNG since 2013, as well as direct and shipping losses incurred by NLNG due to the initial two-day blockade of the Bonny Channel by NIMASA in May 2013.
The development followed the decision on October 3, 2017 by the Federal High Court, Lagos that NLNG was not liable to make the said payments to NIMASA, and that all such payments already made by NLNG to NIMASA should be refunded forthwith. The Court presided over by Justice M. B. Idris further held that NIMASA was wrong in blockading the Bonny Channel for the purpose of enforcing the payments against NLNG.
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