Local Content: Reps probe alleged discrimination against Nigerian companies in NNPC's shipping contracts

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 78%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The Nigerian Shippers had petitioned the legislature over the alleged refusal by NNPC to allow them benefit from the $14 trillion global ...

Local Content: Reps probe alleged discrimination against Nigerian companies in NNPC’s shipping contracts

At the public hearing, the Ship Owners Association of Nigeria appeared before the committee with a petition that the state-owned oil company is denying Nigerian shippers the opportunity to benefit from the $14 trillion global annual cabotage industry. “We are focused on the breach of our laws. Our laws specifically state that our contracts must be awarded to indigenous ship owners according to the Cabotage Act. If you go ahead to award a contract without adhering to those four things as stipulated in our laws, it is in breach,” Mr Idagbo said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines