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Cabotage: NIMASA poised to develop shipping, save jobs through strict compliance

Dakuku Peterside

When in 2003, the Federal Government came up with the Coastal and Inland Shipping (Cabotage) Act, the idea was to not only grow the Nigerian maritime sector vis-à-vis the economy through effective participation of indigenous owned vessels in the nation’s lucrative shipping business, but to also restrict the use of foreign vessels in domestic coastal…

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