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Tag: Maritime Workers Union of Nigeria

Maritime Workers To Shutdown Saipem Over N10.6bn Debt

Maritime Workers To Shutdown Saipem Over N10.6bn Debt

BUSINESS, NEWS
The Maritime Workers Union of Nigeria (MWUN), has vowed to shut down the operations of Saipem in Nigeria over the company’s indebtedness running into more than $29 million (N10.6 billion) for various services at the port. President-General of MWUN, Comrade Adewale Adeyanju, disclosed this to journalists in Lagos over the weekend. Saipem owes the Nigerian Ports Authority (NPA) $19.3 million (N6.9 billion) for pilotage services and also owes dockworkers, who are members of MWUN, through their stevedoring contractor, Agwut A. International Ltd, more than $10.4 million (N3.7 billion) for accumulated stevedoring services. According to Adeyanju, “This matter has been ongoing for more than a year and the workers that are working under them have been disturbing us but they (Saipem) ar