Funsho Balogun Olisa Agbakoba Olisa Agbakoba, maritime lawyer and Senior Advocate of Nigeria (SAN) has stated that the maritime sector is losing an estimated sum of N7 trillion on a yearly basis due to the delay in the passage of maritime bills and the failure to review maritime policies. Agbakoba called for an overhaul of policy, institutional, regulatory and legal framework towards ensuring that the country does not keep losing such huge revenue that should have been entering its coffers. Agbakoba said the sum of N7 trillion is an estimate of what is being lost in the sector through leakages.
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