A maritime company has sued the Nigerian Navy and the Asset Governance Fund for N771 million, alleging they are refusing to hand over a vessel the firm bought at a court‑ordered auction. The legal battle threatens to delay the ship’s deployment and could disrupt the firm’s shipping operations and related trade in Nigeria.
A maritime firm has filed a N771m suit against the Nigerian Navy and AGF for failing to release a vessel purchased in a court-ordered auction. Read More: https://punchng.com/firm-files-n771m-suit-against-navy-agf/