{"id":17868,"date":"2017-10-04T12:40:43","date_gmt":"2017-10-04T11:40:43","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=17868"},"modified":"2017-10-04T12:40:43","modified_gmt":"2017-10-04T11:40:43","slug":"nlng-floors-nimasa-court-dakuku-vows-appeal","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/nlng-floors-nimasa-court-dakuku-vows-appeal\/","title":{"rendered":"NLNG floors NIMASA in court as Dakuku vows to appeal"},"content":{"rendered":"<p class=\"m_-8695767898367392215ydp995bcfe5MsoNormal\"><span lang=\"EN-GB\">The Federal High Court sitting in Lagos today delivered judgment in favour of Nigeria LNG Limited (NLNG) in a case between the Company and the Nigerian Maritime Administration and Safety Agency (NIMASA) over applicability of NIMASA levies.<\/span><\/p>\n<p class=\"m_-8695767898367392215ydp995bcfe5MsoNormal\"><span lang=\"EN-GB\">NIMASA had alleged that NLNG was liable to pay\u00a0 three percent gross freight\u00a0 on its international inbound and outbound cargo, Sea Protection Levy, two percent cabotage surcharge on all activities carried out for and on its behalf, as well as other sundry claims, all of\u00a0which NLNG disputed.<\/span><\/p>\n<p class=\"m_-8695767898367392215ydp995bcfe5MsoNormal\"><span lang=\"EN-GB\">In his judgment, Hon. Justice M.B. Idris held\u00a0<i>inter alia,\u00a0<\/i>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 to NLNG forthwith. Hon. Justice Idris further held that NIMASA was wrong in blockading the Bonny Channel for the purpose of enforcing the payments against NLNG.<\/span><\/p>\n<p class=\"m_-8695767898367392215ydp995bcfe5MsoNormal\"><span lang=\"EN-GB\">NLNG, in 2013, filed the case at the Federal High Court against NIMASA, seeking a judicial determination on, among other things, the legality or otherwise of the levies sought to be imposed on NLNG by NIMASA, and the consequent blockade of the Bonny Channel by NIMASA and its agents as a result of the dispute.<\/span><\/p>\n<p class=\"m_-8695767898367392215ydp995bcfe5MsoNormal\"><span lang=\"EN-GB\">NLNG had also sought a Court Order restraining NIMASA from further blockade of the Channel.\u00a0\u00a0 An Interim Injunction granted in favour of NLNG by the Federal High Court was disobeyed by NIMASA, which again effected a blockade of the Bonny Channel for over a three week period whilst the matter was pending, thereby preventing NLNG vessels and other vessels doing business with the Company, from entry and exit through the Channel.<\/span><\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p class=\"m_-8695767898367392215ydp995bcfe5MsoNormal\"><span lang=\"EN-GB\">NIMASA had filed a Counterclaim restating its supposed entitlement to receive payment of the levies from NLNG. However, the Federal High Court judgement reinforces NLNG\u2019s position that by the provisions of the\u00a0 applicable laws, the Company is \u00a0not subject to payment to NIMASA of the three percent gross freight as well as the Sea Protection Levy,\u00a0 and that the two percent Cabotage Levy is inapplicable because NLNG\u2019s LNG vessels are not involved in coastal trade or cabotage.\u00a0 This decision also affirms the sanctity of the guarantees and assurances conferred on the Company and its Shareholders by the Government of the Federal Republic of Nigeria, on the strength of which the Shareholders made their investments from which the country has reaped immense returns.<\/span><\/p>\n<p class=\"m_-8695767898367392215ydp995bcfe5MsoNormal\"><span lang=\"EN-GB\">NLNG as a law abiding company and a good corporate citizen remains committed to conducting its business in accordance with the laws of the Federal Republic of Nigeria.<\/span><\/p>\n<p class=\"m_-8695767898367392215ydp995bcfe5MsoNormal\"><span lang=\"EN-GB\">But in a swift reaction, t<\/span><span lang=\"EN\">he Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) Dr Dakuku Peterside \u00a0expressed the Agency\u2019s dissatisfaction with the judgment of the Federal High Court by Justice M. B. Idris, delivered today in the case between NIMASA and the Nigeria Liquefied Natural Gas, (NLNG).<\/span><\/p>\n<div class=\"m_-8695767898367392215ydp995bcfe5MsoNormal\"><span lang=\"EN\">Consequently, Dr Dakuku has stated the Management\u2019s intention to appeal the judgment. He noted that \u201cthe Agency\u2019s Legal team are waiting for the certified true copy of the judgment which we will study and respond as \u00a0\u00a0appropriate\u201d.<\/span><\/div>\n<\/p><!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The Federal High Court sitting in Lagos today delivered judgment in favour of Nigeria LNG Limited (NLNG) in a case between the Company and the Nigerian Maritime Administration and Safety Agency (NIMASA) over applicability of NIMASA levies. NIMASA had alleged that NLNG was liable to pay\u00a0 three percent gross freight\u00a0 on its international inbound and &hellip;<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":17869,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[2887,896],"coauthors":[2391],"class_list":["post-17868","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-nimassa","tag-nlng"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NLNG floors NIMASA in court as Dakuku vows to appeal - 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