Nigeria's Shipping Industry Wants to Ride High Seas
Nigeria's Shipowners' Association has said it will ask the government to pay over funds from the cabotage vessels finance funds, to maritime operators. Ship owners pay 2% of their revenue to the fund and have not had access to assistance for their operations, since the fund's inception in 2004.
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Nigeria:
Ship Owners to Engage Govt On Disbursement of Carbotage Fund
This Day, 27 March 2019
The newly-elected President of Shipowners' Association of Nigeria (SOAN), Dr, Mkgeorge Onyung, has promised to ensure the disbursement of the Cabotage Vessels Finance Fund (CVFF)… Read more »
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Nigeria:
Why Nigeria Customs Service Needs Urgent Reform
This Day, 29 March 2019
Eromosele Abiodun writes on the need to urgently reform the Nigeria Customs Service Read more »
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Nigeria:
Nimasa, Cabotage Law and Its Compliance Strategy
Guardian, 27 March 2019
When the Coastal and Inland Shipping, otherwise known as Cabotage Act was conceptualised in 2003, stakeholders in the maritime industry were agog that the regulation would herald a… Read more »
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Nigeria:
How Poor Transport Structure Slows Down Nigeria's Economy
Guardian, 14 February 2019
The poor performance of the Nigerian economy may not be unconnected with the poor transport structure, which poses challenges to businesses and distribution of goods and services. Read more »
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Nigeria:
Cabotage - Nigerian Seafarers' Engagement Rise By 10.6%
Vanguard, 6 February 2019
Following improved implementation of the Coastal and Inland Shipping Act 2003, otherwise known as Cabotage, by Nigerian Maritime Safety and Administration Agency, NIMASA, the… Read more »
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Nigeria:
Nigeria to Spend N939.5 Billion On Vessels By 2023
Guardian, 30 January 2019
Nigeria's maritime sector is projected to spend about N939.5 billion ($2.588 billion) on vessels financing in the next four years, going by the new forecast released by the… Read more »
InFocus
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The government is leading a campaign to rid territorial waters of crime, through the Integrated Security and Waterways Protection Infrastructure, also known as the Deep Blue ... Read more »
