Business Nigeria loses $6bn to foreign vessels in coastal shipping – Newtelegraph

Nigeria is losing over N2 trillion ($6 billion) revenue yearly to foreign shipping companies due to the poor implementation of the Cabotage Act, New Telegraph has learnt.

The Coastal and Inland Shipping (Cabotage) Act 2003, was introduced in the country to protect the domestic …

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Read more via Newtelegraph – http://bit.ly/2ByCHHj

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