Nigeria To End Foreign Shipping Waivers, CVFF To Attract Single-Digit Interest Rate  – Independent Newspaper Nigeria

Nigeria moves to end cabotage waivers

The Federal Government of Nigeria has announced a decisive shift in maritime policy, signalling the end of routine waivers for foreign vessels operating under the Coastal and Inland Shipping (Cabotage) Act of 2003. The move is intended to strengthen domestic shipping capacity and drive indigenous participation across the maritime value chain. Minister of Marine and Blue

Nigeria To End Foreign Shipping Waivers, CVFF To Attract Single-Digit Interest Rate  – Independent Newspaper Nigeria

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has announced plans to end the issuance of waivers under the Coastal and Inland Shipping Act 2003.  Mr Oyetola made the disclosure during a meeting with a delegation from NNPC Shipping, Stena Bulk, and Caverton Offshore.  The meeting took place at the Ministry in Abuja and […]