Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs

Nigerian shipping firms justifies legal action against NPA, NIMASA

byCustoms Today Report
06/03/2015
in International Customs, Nigeria
Share on FacebookShare on Twitter

ABUJA: An indigenous shipping firm, Elshcon Nigeria Limited has adduced its reason for instituting legal actions against the Federal Government.

The Federal Government had through the Ministry of Finance directed the Nigerian Maritime Administration and Safety Agency, NIMASA, the Nigerian Ports Authority, NPA, and the National Inland Waterways Authority, NIWA, to remit their internally generated revenue to the Central Bank of Nigeria, CBN.

You might also like

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

07/03/2026

Shippers see temporary lull in exports

05/02/2020

The firm said, such directive its recent directive to runs foul of the enabling laws of the affected agencies.

Minister of Finance, Dr. Ngozi Okonjo-Iweala had directed all government agencies to pay their internally-generated revenue, accruing to them or funds statutorily- provided into the Consolidated Revenue Fund, CRF at the CBN and to close all their revenue accounts in different deposit banks across the country and beyond.

The agencies were also mandated to transfer same into the Treasury Single Account, TSA, on or before February28, 2015.

In a suit, number FHC/L/ CS/201/15 brought by Mr. Mike Igbokwe SAN, on behalf of the shipping company, the firm challenged the powers of the Federal Government to direct the NIMASA, NPA and NIWA to pay their internally generated revenue accruing to them or funds statutorily- provided into the CRF, which he told the court contravened some sections of the enabling laws of the affected agencies.

According to him, the directive, which was issued by the Minister to all the government agencies, should have excluded NIMASA, NPA and NIWA in line with their enabling laws.

Igbokwe in the suit brought before Justice Ibrahim Buba, in which the Attorney-General of the Federation, the Account-General of the Federation and the Minister of Finance were joined as co-defendants, applied for exparte order restraining the Federal Government, the first defendant either by himself or through his agents or servants or privies or assigns or successors-in-interest or through any company, maritime agency or the Ministry whatsoever from enforcing the directive.

Tags: legal action against NPANigerian shipping firms justifiesNIMASA

Related Stories

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

byCT Report
07/03/2026

KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...

Shippers see temporary lull in exports

byadmin
05/02/2020

Shippers expect the coronavirus outbreak to have the greatest effect on farm product exports, notably fresh fruits and vegetables, with...

Toyota Motor Corp. employees work on the Crown vehicle production line at the company's Motomachi plant in Toyota City, Aichi, Japan, on Thursday, July 26, 2018. Toyota may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks in showrooms will get more expensive, according to the automaker’s North American chief. Photographer: Shiho Fukada/Bloomberg

Toyota SA to invest over R4 billion in car assembly and parts

byadmin
05/02/2020

Toyota SA Motors (TSAM) has announced a R4.28bn investment in local vehicle assembly and parts supply. Speaking at the company’s...

Over 80 Kilos Cocaine Found On Dutch Plane In Argentina; Three Dutch Arrested

byadmin
05/02/2020

More than 80 kilograms of cocaine was found on a Martinair Cargo plane in Argentina. Seven men, three of whom...

Next Post

Android users can get WhatsApp calling feature easily

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.