One of the patrol gunboats in the fleet of Global West Vessels Specialists (GWVS), NIMASA/Barugu, which was acquired 10 years ago, sank on Sunday at the Kirikiri Terminal, Apapa, Lagos. The vital maritime asset was procured for $103.4 million or N43 billion (using the current official exchange rate) and delivered in January 2012. The boat was reportedly still under EFCC custody until the latest incident. “Though the court has acquitted the company, all their assets, including the boats, are still under the custody of EFCC. The crew onboard do not report to NIMASA but to Global West management, its owners,” Osagie said.

Source: The Guardian April 05, 2022 12:41 UTC