Oil Logistics Firm Appeals Court Order Over $1bn Unpaid Duties
An oil logistics firm is currently in a legal battle as it appeals a court order to seize its private jet due to alleged unpaid Customs duties totaling $1 billion. The firm is facing challenges over the outstanding duties, leading to the court's decision to take action against its assets.
The situation highlights the legal and financial complexities involved in the oil and gas industry, particularly regarding Customs regulations and compliance.
Plus234Feed summary based on reporting from BusinessDay. Read the original report below.
Read full article
Continue on BusinessDay
Share
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Free · one email per week · unsubscribe anytime
Related Stories
Politics
Nigerian Court Orders Forfeiture of Bombardier Jet Over Customs Duties Violation
Politics
Nigerian Court Orders Forfeiture of Private Aircraft Over Customs Duty Violation
Politics
Oceangate Oil & Gas to Appeal Asset Forfeiture Ruling
Business
Oceang Engineering Appeals $13M Asset Forfeiture Order
Politics
Orlean Invest Appeals Court Ruling on Aircraft Forfeiture in Nigeria
Politics
Oceangate to Appeal Federal Court Asset Forfeiture Order
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
