The Lagos State Government has lost its share of control of Nigeria’s inland waterways which it has exercised for over 15 years through levying and licensing of operators in the sector. The Lagos State Government had raked in revenues from operators in the sector pursuant to the state’s Lagos State Waterways Authority (LASWA) Law which came into force in 2008. The Supreme Court, on Friday, held that it was the sole responsibility of the central government to impose levies, and issue licences to operators in the industry. Delivering its judgement on a…
Read MoreSupreme Court Stops Lagos Inland Waterways Revenues Flow, Favours Nigerian Govt
