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Volcan, subventions, emplois... : Le Tampon : plusieurs affaires examinées et votées par le conseil municipal

Volcan, subventions, emplois... : Le Tampon : plusieurs affaires examinées et votées par le conseil municipal
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Much Ado about Inexistent Cabotage Waivers


A Senate Joint Committee has been investigating alleged preferential treatment of foreign vessels and breach of the Cabotage Act 2003 and Local Content Act 2010. Ben Olasupo, who has been following the probe, says testimonies by DG of NIMASA and evidences so far point to needless ado about nothing.
Although the concept of maritime cabotage has several meanings from jurisdiction to jurisdiction, such as short sea shipping, coastwise trade, coasting trade, it boils down to protecting domestic shipping industry from foreign competitions.
Nigeria’s cabotage regime is embodied in the Coastal and Inland Shipping (Cabotage) Act 2003, which became operational in April 2004. The purpose is to reserve commercial transportation within Nigerian coastal and inland waters to vessels flying the Nigerian flag, owned and crewed by Nigerian citizens, and built-in Nigeria. ....

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