LAGOS JULY 26TH (NEWSRANGERS)-The House of Representatives, Wednesday, resolved to probe allegations of fictitious contract awards and mismanagement of billions of naira by the Nigerian Maritime Administration and Safety Agency (NIMASA). It also said the investigation was to ensure that the masses were not cheated out of the commonwealth of the nation. Speaker Yakubu Dogara…
LAGOS JUNE 1ST *NEWSRANGERS)-The Court of Appeal, Lagos Division, has discharged and acquitted a former Director General of the Nigerian Maritime Administration and Safety Agency, Patrick Akpobolokemi, who was charged with an alleged fraud of N2.6bn. In a lead judgment on Friday by Justice Yargatta Nimpar, a three-man appellate court panel upheld the no-case submission…
LAGOS JANUARY 17TH (NEWSRANGERS)-Shipowners and other stakeholders in the maritime sector are on the verge of getting the desired change in trade terms from Free On Board (FOB) to Cost Insurance and Freight (CIF) which would enable them to begin to lift Nigeria crude and ultimately boost indigenous capacity. The development was a fall out…
