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Whistleblowing group demands probe of global shipping company, MSC over alleged N3trn fraud
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Anger escalated at the National Assembly as a civic group under the banner of the Citizens WhistleBlowers Coalition (CWC) submitted a formal petition against global shipping powerhouse Mediterranean Shipping Company (MSC), alleging massive financial misconduct, regulatory violations, and deliberate subversion of Nigeria’s legal authority.
In what is developing into one of the biggest corporate accountability showdowns in Nigeria’s maritime sector, the CWC urged the House of Representatives to launch a full-scale investigation into MSC’s operations, describing the company’s actions as a “direct threat to fair business practices and national sovereignty.”
Speaking to journalists on Tuesday at the National Assembly Complex, the Spokesperson of the group, Mr Karl Chinedu hinted that the petition centers on three damning accusations:
1. Illegal and Arbitrary Shipping Charges:
MSC is accused of imposing excessive, inconsistent, and opaque fees on Nigerian importers, in breach of Section 125 of the Federal Competition and Consumer Protection Act (FCCPC). The law mandates transparency and price stability in all business transactions.
2. ₦3 Trillion Container Deposit Scandal:
Businesses are reportedly being crippled by the non-refundable container deposits required by MSC—₦200,000 for 20-foot containers and ₦400,000 for 40-foot containers. Industry stakeholders estimate over ₦3 trillion remains unrefunded, with the CWC accusing MSC of exploiting its dominant market position to withhold funds and delay trade operations.
3. Evasion of Nigerian Jurisdiction:
In perhaps the most alarming claim, MSC is said to be securing anti-suit injunctions from UK courts to avoid facing legal actions in Nigeria. Petitioners argue this tactic not only blocks justice for Nigerian businesses but also undermines the authority of the country’s judicial system.
According to the group, despite being summoned by the House for a public hearing, MSC has so far failed to appear or issue a formal response—prompting lawmakers to reschedule the session for July 2 and threaten compulsory appearance if the company continues to disregard parliamentary oversight.
Speaking further, the CWC representative said: “MSC cannot operate in Nigeria while flouting its laws and draining its economy. This is about accountability, economic justice, and the dignity of Nigeria.”
The group further noted that even the Minister of Marine and Blue Economy has publicly called for an end to the outdated container deposit scheme, urging the adoption of more modern and transparent systems used globally.
“The House is now invoking its constitutional oversight powers under Section 88 of the 1999 Constitution, signaling what could become a defining test of Nigeria’s resolve to assert control over foreign corporations operating within its borders.
In a petition sent to the National Assembly, a copy of which was available to newsmen, the CWC detailed years ofcomplaints from importers, clearing agents, and freight forwarders who claim to have suffered massive financial losses due to MSC’s “unfair shipping practices.”
The key allegations against MSC include:
1. Excessive and Opaque Shipping Charges:
The petitioners allege that MSC imposes arbitrary and inconsistent fees, including illegal “TELEX charges” at both the port of loading and discharge, in violation of the Federal Competition and Consumer Protection Act (FCCPA), 2018.
2. Deliberate Shipping Delays and Demurrage Rip-Offs:
Multiple importers, including Interglobal Technologies Limited, accuse MSC of delaying shipments to inflate demurrage fees—often holding containers at ports like Lomé, Togo, before arrival in Nigeria. This practice has led to millions in losses and forced payments under duress.
3. Non-Refund of Container Deposits:
MSC is also accused of withholding container deposits ranging from ₦200,000 to ₦400,000 per container, with some refund applications dating back to 2020 still unpaid. Stakeholders claim this has locked up billions in capital and disrupted business operations nationwide.
4. Illegal Detention and Extortion:
A notable case cited is that of Interglobal Technologies Ltd, which took legal action after MSC allegedly extorted over ₦49.8 million and detained critical equipment shipments. The Federal High Court ordered the arrest of an MSC vessel, MSC Tasmania, which was only released after a $10 million bond was deposited.
5. Tax Evasion and Regulatory Violations:
CWC is urging lawmakers to investigate MSC’s Nigerian turnover and tax compliance, citing concerns that the company’s reported €80 billion global revenue does not reflect its true local contributions. The group also flagged violations of multiple FCCPA provisions, including unfair pricing (Section 127), lack of pricing transparency (Section 115), and coercive business tactics (Section 124).
Furthermore, the petition argues that MSC’s conduct amounts to economic sabotage. “Nigeria’s maritime sector is critical to trade and development. For a foreign company to operate with this level of impunity—detaining goods, levying illegal charges, and dodging taxes—is unacceptable,” said Nafiu Ibrahim, CWC’s Program Officer for Investigations.
Quoting from court documents and industry media, CWC cited a long-standing pattern of abuse. They referenced protests and boycott threats from key trade groups such as the Nigerian Association of Government Approved Freight Forwarders (NAGAFF) and the Association of Nigerian Licensed Customs Agents (ANLCA) over unrefunded container deposits and demurrage fraud.
News
NIDEC 2026: Nigeria Will Attract Investment, Create Jobs, Boost Forex Inflows – Enikanolaiye
By Gloria Ikibah
The Minister of State for Foreign Affairs, Ambassador Sola Enikanolaiye, has said the Nigeria Diaspora Investment Economic Conference (NIDEC) 2026 in Toronto, Canada, is not another diplomatic jamboree but a strategic platform to attract investment, create jobs and increase foreign exchange inflows into Nigeria.
Enikanolaiye stated this on Monday while speaking with journalists at the Nnamdi Azikiwe International Airport, Abuja, shortly before departing for Canada as part of the Federal Government delegation to the four-day conference.
The minister was responding to concerns that similar international engagements in the past had produced limited tangible results and amounted to little more than jamborees.
He said the Tinubu administration’s foreign policy approach, anchored on Demography, Development, Democracy and Diaspora, was focused on measurable economic outcomes.
“This administration does not travel for jamborees. We travel for results. Mr. President has mandated a high-powered delegation led by the Chief of Staff to the President, Hon. Femi Gbajabiamila, because NIDEC 2026 is a deal room for Nigeria’s growth,” the minister said.
According to Enikanolaiye, the presence of senior Canadian officials, including the President of the Treasury Board, Hon. Shafqat Ali, and ministers from Ontario, will provide an opportunity to strengthen Nigeria-Canada economic relations.
He said discussions will focus on new trade agreements, partnerships involving small and medium-sized enterprises and improved market access for Nigerian products in North America.
The minister also said the composition of the Nigerian delegation was deliberately designed to attract investment and generate economic opportunities at both federal and state levels.
He said the participation of the Central Bank of Nigeria, Nigerian Investment Promotion Commission, Nigerian Export Promotion Council and Nigeria Revenue Service would enable Nigeria to present opportunities and incentives for diaspora investment, export expansion and remittance-backed investment vehicles.
Enikanolaiye said the initiative is expected to contribute to increased foreign exchange inflows while supporting job creation in Nigeria.
He also highlighted the participation of five state governors from Anambra, Borno, Kaduna, Plateau and Zamfara, saying their presence would help decentralise investment opportunities beyond Abuja.
According to him, the governors would directly engage potential investors on projects in infrastructure, agriculture, technology and mining within their respective states.
The minister said the conference would also support technology and skills transfer, with the Director-General of the National Information Technology Development Agency, Kashifu Inuwa, part of the delegation.
He said Nigeria will use the platform to explore partnerships in digital innovation, fintech and information technology capacity building as part of efforts to accelerate the country’s digital economy.
On diaspora engagement, Enikanolaiye said NIDEC 2026 was designed to connect investment-ready Nigerian projects with Nigerians in the diaspora and other high-net-worth investors.
He said the conference will also provide an opportunity for the government to strengthen its relationship with Nigerians abroad and address some of the challenges they face when seeking to invest in the country.
The minister noted that Nigeria received more than $20 billion in diaspora remittances last year, stressing the need to convert a significant portion of the funds into productive investments.
“NIDEC 2026 is designed to convert that goodwill into equity, into factories, and into businesses that employ Nigerians,” he said.
Enikanolaiye described the conference as a practical expression of Nigeria’s economic diplomacy and assured prospective investors that the country was ready for business.
“NIDEC 2026 is economic diplomacy in action. Nigeria is open for business. And we are going to Toronto to close deals,” he stated.
The four-day NIDEC 2026, themed “INVEST NIGERIA, THRIVE ABROAD”, will take place from August 12 to 15, 2026, in Toronto, Canada.
The conference is organised by the Nigerians in Diaspora Commission (NiDCOM) in collaboration with the Nigerian High Commission in Ottawa and the Canadian High Commission in Abuja.
The Ministry of Foreign Affairs said the conference would serve as a platform for connecting global capital with bankable investment opportunities in Nigeria.
News
Davido writes Trump to intervene in Osun guber poll
Popular singer, David Adeleke, popularly known as Davido, has called on United States President Donald Trump to pay attention to the situation in Osun State ahead of the upcoming governorship election, citing concerns over tension and possible violence.
In a post on X on Tuesday addressed to Trump, Davido drew the US president’s attention to developments in Osun State as the state prepares for the election.
The singer expressed concerns over growing tension and the possibility of violence, intimidation or disruption of the democratic process, stressing that residents of Osun State deserve to exercise their constitutional right to vote freely, peacefully and without fear.
Davido appealed to the United States and the international community to pay close attention to the election and urged relevant authorities to ensure that every voter is protected and every vote is respected.
He stressed the need to prevent bloodshed and intimidation, while calling for peace, transparency and a free and fair election.
He wrote, “A CALL FOR ATTENTION TO PRESIDENT DONALD TRUMP
“President Donald Trump, I am calling your attention to the situation in Osun State, Nigeria, as we approach the election.
“There are growing concerns about tension and the possibility of violence, intimidation, or disruption of the democratic process. Osun people deserve to exercise their constitutional right to vote freely, peacefully, and without fear.
“I appeal to the United States and the international community to pay close attention to the election and encourage all relevant authorities to ensure that every voter is protected and every vote is respected.
“We do not want bloodshed. We do not want intimidation.
We want peace, transparency, and a free and fair election. @realDonaldTrump”
News
See details of suspected kidnappers behind Enugu Catholic invasion
The details of three suspected members of the kidnapping gang accused of abducting worshippers during an attack on St. Joseph’s Catholic Church, Inoyi-Affa, Udi Local Government Area of Enugu State, have been revealed following their arrest by security operatives.
The suspects were identified as Aliyu Mohammed, Usman Mohammed and Babuga Usman.
Meanwhile, SaharaReporters gathered that Babuga Usman was killed during an alleged gun battle.
The three men were arrested during a joint security operation involving operatives of the Department of State Services (DSS), Nigerian Army and other security agencies following the August 2, 2026 attack on the Catholic church.
The operation also led to the recovery of four AK-47 rifles, seven magazines, 133 rounds of 7.62mm special ammunition, $1,000 and ₦785,900 allegedly belonging to the criminal syndicate.
Recall that on Monday that troops of the Nigerian Army and DSS operatives under Operation UDO KA had arrested a suspected commander of a notorious kidnapping syndicate in Enugu State and recovered a cache of arms, ammunition and cash.
Although, the military authority didn’t reveal the identity of the suspects in the statement, the arrest followed the abduction of worshippers in Udi Local Government Area on August 2.
In a statement issued on Monday, the Acting Deputy Director, Army Public Relations, 82 Division, Lieutenant Colonel Olabisi Olalekan Ayeni, said an earlier operation had resulted in the neutralisation of one member of the syndicate and the arrest of another suspect.
According to Ayeni, information obtained from the arrested suspect enabled security operatives to track the fleeing commander.
“Acting on the intelligence, troops intensified their manhunt and eventually tracked, intercepted, and arrested the syndicate commander as he attempted to flee Enugu State,” he said.
The arrested suspect subsequently led troops to the gang’s hidden armoury inside Umuchingu Ujenike Forest in Udi.
“During the follow-up operation, troops recovered four AK-47 rifles, seven AK-47 magazines, and 133 rounds of 7.62mm special ammunition from the forest hideout,” the Army said.
The military said preliminary investigations indicated that the arrested kingpin was linked to several high-profile kidnapping operations across the South-East and North-Central regions.
The development also comes after the remaining victims of the August 2 attack, including seminarian Lawrence Igbo and Emmanuel Onwudi, were rescued by security agencies.
The Enugu State government said all the kidnapped victims were recovered alive and without injuries.
Governor Peter Mbah, represented by the Secretary to the State Government, Prof Chidiebere Onyia, had disclosed this while parading the arrested suspects at the DSS office in Enugu on Monday night.
Onyia said the victims had identified the arrested suspects as the men responsible for their abduction, but didn’t disclosed their identities.
He also disclosed that ransom was paid during the rescue operation but insisted that the money was used as bait as part of a broader strategy to track the kidnappers.
The kidnapped victims were all recovered and they have been returned safe. None of them lost their lives or were harmed,” Onyia said.
According to him, the security agencies prioritised the safety of the victims throughout the operation.
“Part of what was used was the ransom amount as bait, as part of our strategy. That was not the only strategy,” he said.
Onyia said all the ransom money paid had subsequently been recovered following the arrest of the suspects.
“So yes, ransoms were paid but they have all been recovered completely. They were used strictly as strategy and we have it and nobody was killed,” he said.
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