Nigerian shipowners call on govt. to review shipping policies

Related imageNigerian shipowners have called on the federal government to review the country’s shipping policies, saying there is no way a national fleet can be developed if existing shipping laws are not reviewed.

Indigenous operators say the country’s shipping laws support foreign shipowners more than the indigenous players.

They argue that stringent tax policies and levies continue to frustrate indigenous operations, discouraging investment in the sector.

They call on government to review taxes and levies to allow for a competitive environment.


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