The federal government may soon announce a zero-import duty on all imported new vessels and spare parts of vessels. The move is aimed at boosting efforts of indigenous shipping firms, said Director-General of the Nigerian Maritime Administration and Safety (NIMASA), Dr Bashir Jamoh.
This is coming barely a month after FG withdrew approval for the disbursement of the Cabotage Vessels Financing Fund (CVFF) after 18 years of unfulfilled promises…
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News Archive from before July 2018