The Impact Of The Cabotage Act On Local Capacity Development

In 2003, the cabotage law was adopted with the provisions of the empowerment of local investors to take domestic trade controls of shipping and develop enough muscle to assume the right place for Nigeria as maritime nation in the movement of its import / export cargoes including oil and crude oil to international markets. Implementation / enforcement of provisions of the Act must be constantly monitored to ensure that the aims and objectives of the law are vigorously pursued and accomplished. Thus, the objective of the study is to verify the alleged relentless domination of coastal services by…