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๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Crime & Justice

Maritime Firm Sues Nigerian Government for N771 Million Over Alleged Vessel Auction Obstruction

From ThisDay · (13m ago) English Critical tone

Translated from English, summarized and contextualized by DistantNews.

TLDR

  • A maritime company, Sea Delights Marine Wreckage Limited, is suing the Nigerian government for N771 million over alleged obstruction of its acquisition of a vessel.
  • The company claims it paid N130 million for the vessel, MT Dejikun, in July 2024, but has been denied possession due to alleged interference by the Attorney-General of the Federation and the Nigerian Navy.
  • Sea Delights seeks damages, legal fees, and a refund of the purchase price, citing disobedience of court orders and the vessel's deterioration.

The legal battle initiated by Sea Delights Marine Wreckage Limited against top Nigerian government officials, including the Attorney-General of the Federation and the Nigerian Navy, brings to the fore critical issues of contract enforcement, judicial authority, and the integrity of public auctions. The company's demand for N771 million in damages underscores the significant financial and operational disruptions caused by the alleged unlawful interference in its acquisition of the vessel MT Dejikun.

The plaintiff is seeking, jointly and severally, a total sum of N771 million, covering the purchase price of the vessel, damages, legal fees, and the cost of instituting the suit.

โ€” ThisDayDetailing the financial claims made by the maritime company.

Sea Delights asserts that it lawfully acquired the vessel through a court-ordered auction, fulfilling its financial obligations by paying N130 million. However, the subsequent denial of possession, attributed to the actions of the AGF and the Nigerian Navy, raises serious questions about due process and respect for court orders within the country. The plaintiff's claim that these actions are 'ultra vires' and contrary to subsisting court orders suggests a potential overreach of power and a disregard for established legal procedures.

Sea Delights Marine Wreckage Limited told the court that it paid N130 million for the vessel, MT Dejikun, in July 2024, but has since been denied possession due to what it described as unlawful interference and disobedience of court orders by the AGF and the Nigerian Navy.

โ€” ThisDaySummarizing the core of the company's complaint regarding the vessel acquisition.

This lawsuit is not merely about a commercial dispute; it touches upon the confidence investors place in the Nigerian legal and administrative systems. The alleged deterioration and loss of value of the vessel while under the control of state entities, despite the sale being finalized, further compounds the grievance. From a Nigerian perspective, such cases highlight the persistent challenges in ensuring transparency and accountability in government dealings, particularly concerning assets acquired through judicial processes. The outcome of this suit will likely be closely watched as an indicator of the strength and impartiality of Nigeria's judicial system in upholding contractual rights and preventing executive overreach.

Among other reliefs, the firm is asking the court for a declaration that the Chief Registrar and Deputy Chief Registrar breached the contract of sale by failing to hand over the vessel after completing the auction process.

โ€” ThisDayOutlining specific legal declarations sought by the plaintiff.
DistantNews Editorial

Originally published by ThisDay in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.