Thursday, November 7Nigeria's Authoritative Maritime News Magazine
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Tag: ioc

FG Orders IOC’s To Clear Debt Owed Stevedoring Firms

FG Orders IOC’s To Clear Debt Owed Stevedoring Firms

Breaking News, Maritime, Port News
By Tola Adenubi The Federal Government has ordered the International Oil Companies (IOC) to clear all outstanding debt being owed stevedoring firms in the nation’s maritime sector. Disclosing this to the Tribune Online exclusively on Sunday, President of the National Association of Stevedoring Companies (NASC), Bolaji Sunmola who attended the meeting held in Abuja last Wednesday explained that the IOC’s have been given a timeline to comply with the laws of the land. NASC President said, “you know that the Nigerian Ports Authority (NPA) is mandated by law to appoint stevedoring firms at the nation’s seaports. “The stevedoring firms being owed by the IOC’s were duly appointed by the NPA, and so refusal to pay the stevedoring firms monies belonging to the maritime workers by the I...