Tuesday, May 28Nigeria's Authoritative Maritime News Magazine
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TAX HOLIDAY: NIMASA Appeals Against Enforcing Judgment

TAX HOLIDAY: NIMASA Appeals Against Enforcing Judgment

Business, Law
The Nigerian Maritime Administration and Safety Agency (NIMASA), has appealed the judgment of the Federal High Court Lagos in the matter between Nigeria Liquefied Natural Gas (NLNG), Attorney General of the Federation, Global West Vessels Specialists Ltd and NIMASA. The Agency filed the appeal with an application to stay the execution of the judgment and restrain NLNG, pending the determination of the appeal. The appeal and stay was filed even before receiving the Certified True Copy of the judgment 14 days after the judgment was delivered in line with legal provisions. This proactive step of the Agency was taken to forestall any negative action, yet the NLNG ignored this court action and commenced a media trial. In the grounds of Appeal by NIMASA’s legal team, the Agency complained ...