Business
Stakeholders Seek Concerted Efforts For Cabotage Act Enforcement
Secretary, Board of Trustees, Association of Indigenous Ship-owners, Dr Enebeli Martins, recently advised stakeholders in the maritime sector to enforce the Cabotage Act of 2004.
President Olusegun Obasanjo, had on April 30, 2003, signed the Coastal and Inland Shipping Act, otherwise known as the Cabotage Act.
Its implementation started on May 1, 2004.
Enebeli told newsmen in Lagos that stakeholders must join hands with the federal ministries and relevant agencies to enforce the Act.
“It is a laudable thing that we have been given the Act; it is the implementation mechanism that is slow.
“The Act in its entirety is holistic and wonderful. What we need to do is to key into it and bring about a possible implementation,’’ he said
Enebeli urged stakeholders to concentrate on ways to generate enough cargoes instead of concentrating on the Cabotage funds and wasting time on ships to buy.
‘When we have put a method in place for generating cargoes, then we can start talking about getting money for the ships,’’ he said.
Dr Boniface Aniebonam, Founder, National Association of Government Approved Freight Forwarders (NAGAFF), told reporters that the Cabotage regime was expected to add value to indigenous shipping operation.
“Owning a ship is capital intensive and one will agree that the government seems not to be too comfortable, especially after the ship acquisition plot failed,’’ he said.
Aniebonam said that the only way to make the country to grow was for government to continue making the laws and ensuring that they were implemented.
“The government should not be seen to be shying away from creating capacities and opportunities.
“In a country where there is law, those who go against the rules and regulations should be brought to book.
“Nigeria started with South Korea and today they have ship building yards,’’ he said.
Business
NCDMB, Jake Riley Empower 250 Youths On Vocational Skills
Business
NUJ Partners RSIRS On New Tax Law Education
Transport
Nigeria Rates 7th For Visa Application To France —–Schengen Visa
-
Politics5 days agoPFN Rejects Call For INEC Chairman’s Removal Over Genocide Comments
-
Rivers5 days agoFasthire, PHCCIMA, CIPM Host CareerFest 2026 In PH
-
Sports5 days agoEnekwechi wins Orlen Cup in season opener
-
Politics5 days agoHoodlums Disrupt LP-ADC Defection Event In Lagos
-
Sports5 days agoSimba open Nwabali talks
-
Sports5 days agoFalconets, Senegalese Lionesses arrive Ibadan for qualifier
-
Politics5 days agoRemoval From INEC’s Portal, Abure-Led LP Faction Mulls Legal Action
-
Niger Delta5 days agoTinubu, Jonathan, Diri Pay Last Respect To Ewhrudjakpo
