Nigeria loses $500m yearly to informal, poorly-regulated vessel leases

Guardian | 05-08-2025 03:26pm |

Nigeria may be losing over $500 million yearly to an unstructured and unregulated ship brokerage system, compounded by weak compliance monitoring and oversight in vessel chartering operations, those familiar with the issues have said.The post Nigeria loses $500m yearly to informal, poorly-regulated vessel leases appeared first on The Guardian Nigeria News - Nigeria and World News.

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