A STUDY OF CHOSEN LOCALLY OWNED SHIPPING COMPANIES CONCERNING THE IMPACT OF THE CABOTAGE ACT ON LOCAL CAPACITY DEVELOPMENT
ABSTRACT: In 2003 the cabotage law was enacted with provisions to empower local investors to take control of the domestic shipping trade and from it develop enough muscle to assume the right of place for Nigeria as a maritime nation in the movement of her import...
View DetailsA SURVEY ON SHIP FINANCING: EXPERIENCE OF NIGERIA
Statement of the problem: Small and medium enterprises (SMEs) have long been recognized by the World Bank and other multilateral agencies as crucial to these institutions' economic growth in their more focused operations in developing nations. Small firms com...
View DetailsCABOTAGE ACT AND ITS IMPACT ON LOCAL CAPACITY DEVELOPMENT
Abstract: In the year 2003, the cabotage law was implemented, incorporating provisions that aimed to grant local investors the authority to dominate the domestic shipping industry. The intention behind this was to bolster the nation's capabilities and establish Nigeria a...
View DetailsTHE ROLE OF MARITIME ENTREPRENEURSHIP IN NIGERIA'S ECONOMIC GROWTH AND DEVELOPMENT
Background to the Study: The legislative device known as cabotage is used to restrict access to or reserve marine or aviation trade within the territorial jurisdiction of a country for the capacity of the local companies. Following calls by prominent maritime specialists and oper...
View DetailsTHE IMPACT OF THE LOGISTICS INDUSTRY ON NIGERIA'S ECONOMIC GROWTH - A CASE STUDY OF THE MARITIME INDUSTRY
CHAPTER ONE
INTRODUCTION
Background of the Study: It is useful to keep in mind that more than ninety percent of international trade takes place on the sea or is transported by...
View DetailsAN EVALUATION OF THE INLAND TRANSPORTATION AND ITS EFFECT ON LOGISTICS IN NIGERIA
CHPATER ONE
INTRODUCTION
Background of the study: Transportation represents one of the most important human activities worldwide. Transportation is defined according to Oni (2009), as the conveyance of goods and people over la...
View DetailsAN APPRAISAL OF LEGAL AND INSTITUTIONAL FRAMEWORK ON MARITIME LAW IN NIGERIA
ABSTRACT
Nigeria has a land area of 923,768.64 square kilometers, with a coastline of over 823 kilometres and navigable inland waterways of about 4,000 kilometres. These confer on Nigeria great potentials. To what extent these potentials have been tapped for productivity and nation buil...
View DetailsAN EXAMINATION OF CABOTAGE LAWS AND IMPLICATIONS FOR NIGERIAN MARITIME INDUSTRY
ABSTRACT
The Coastal and Inland Shipping (Cabotage) Act1 was enacted on 30th April 2003 to reform maritime business within the coast of Nigerian. With its coastline measuring over 800kilometers and a wealth of natural resources including rich hydrocarbon deposits, zinc and iron ore, Nig...
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