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Nairametrics
Home Companies Company News

Protest Levies: NLNG Agrees To Pay NIMASA $140million “Under Protest”

Ugodre Obi-chukwu by Ugodre Obi-chukwu
July 13, 2013
in Company News
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Does anyone know how much NLNG Makes??

 

THE Nigeria LNG Limited (NLNG) Friday agreed to pay to the Nigerian Maritime Administration and Safety Agency (NIMASA), on an “under protest” basis, various levies which NIMASA claims are overdue statutory payments by NLNG. 

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  According to NLNG in a statement signed by its General Manager, External Relations, Kudo Eresia-Eke, the total amount involved is $140 million to cover arrears in these levies as claimed by NIMASA, having earlier made an initial payment of $20 million. 

 The statement noted that the company “has agreed to pay, again “under protest”, the levies as they become due until a judicial ruling on whether these payments are justified can be obtained.”

 

NLNG Agrees To Pay NIMASA, Continues Legal Suit

Tags: News ReviewNIMASANLNG
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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