Oil Tankers Avoid Nigeria After Multimillion-Dollar Tax Bill

  • Companies received backdated government bills for 2010-2019
  • Some shipowners steering clear of calling at Nigerian ports
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At least two oil tanker owners are staying away from Nigeria after several companies received backdated tax bills totaling millions of dollars.

Multiple businesses received demands from Nigeria’s Federal Inland Revenue Service, according to a member notice by industry group Intertanko seen by Bloomberg. They cover the period from 2010 to 2019 and range in amount from $400,000 to $1.1 million per vessel. In aggregate, some claims reach tens of millions of dollars.