0704-883-0675     |      dataprojectng@gmail.com

CABOTAGE ACT AND ITS IMPACT ON LOCAL CAPACITY DEVELOPMENT

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: APA
  • Recommended for : Student Researchers
  • NGN 5000

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/export cargoes including crude oil to and from international markets. The implementation/enforcement of the provisions of the Act  needs to be constantly monitored to ensure that the goals and objectives of the law are  pursued with vigor and accomplished. Thus, the object of the study is to verify the alleged unabated dominance of the coastal services by foreign flag operators; the impact on the Cabotage Act 2003 on local capacity development in terms of tonnage, human resources and cargo support. The research made effort to highlight people’s views that are relevant to the study and this formed the literature review. The major instrument used for the study is a set of questionnaires served on a population of 55 industry stakeholders out of which 27 responded. The data obtained were statistically analysed with the chi-square model and pie chart for presentation as  explanatory model. The findings of the study revealed factors hindering the achievement of the objectives of  the Acts such as lack of funds, failure on the part of NIMASA to process the applications for the cabotage vessel finance fund loan for tonnage expansion; lack of commitment by NAPPIMS and PPMC to guarantee cargo support to indigenous operators; NIMASA lukewarm attitude in enforcing the provisions of the Act. The study also noted that most of the  cabotage  vessels operated by most indigenous shipping companies are below specified standards and are un- seaworthy. Also it was noted that there was a growing lack of seafarers particularly qualified and certified marine engineers and navigators to operate the few available cabotage vessels. The study recommended strategies to enhance indigenous participation and reduce the foreign dominance.  For example, NMASA is urged to make the cabotage vessel finance Fund/loan  facility accessible to local operators for fleet  expansion and to make solid arrangements for cadet-ship  sea-training   to enhance proficiency and avoid importation of manpower. PPMC and NAPPIMS should guarantee long time charter of the fleet as a kind of incentive against idle moment. On the other hand local operators should try to present standard and seaworthy vessels for optimal cabotage operations and clean sea assurances.




FIND OTHER RELATED TOPICS


Related Project Materials

THE IMPACT OF CREDIT MANAGEMENT ON THE PROFITABILITY OF A MANUFACTURING FIRM

ABSTRACT

The aim of this research work is to appraise “The impact of credit management on the profitability of a manufacturing firm...

Read more
An appraisal of data-driven innovation in corporate banking: A case study of United Bank for Africa, Lagos.

Background of the Study

Data-driven innovation involves the strategic use of data analytics and business intelligence to enhance decision...

Read more
EFFECT OF CLASS SIZE ON STUDENTS’ ACADEMIC PERFORMANCE IN SOCIAL STUDIES

Background to the Study

According to Adeyemi and Adu (2010), it is widely accepted that education is on...

Read more
The Impact of Federalism on Local Government Politics: A Case Study of Bida LGA, Niger State

Chapter One: Introduction

1.1 Background of the Study

Federalism is a system of government that divides power and authority bet...

Read more
The impact of online learning on students’ academic motivation in secondary schools in Minna LGA, Niger State

Background of the Study
Online learning has become an increasingly prevalent mode of education, reshaping the academic lan...

Read more
An Analysis of the Role of Public–Private Partnerships in Advancing Development in Nigeria

Background of the Study
Public–Private Partnerships (PPPs) have emerged as an innovative mechanism to bridge the fun...

Read more
THE RELATIONSHIP BETWEEN PEER GROUP PRESSURE AND BULLYING AMONG ADOLESCENT IN SELECTED SECONDARY SCHOOLS

ABSTRACT

This study examined the relationship between peer group pressure and bullying behavior among adolescents in sel...

Read more
The effectiveness of school library mentorship programs in promoting reading culture in Gboko Local Government Area, Benue State

 

Background of the study
Mentorship programs in school libraries have emerged as innovative approaches to c...

Read more
An appraisal of community-led digital innovation hubs and their impact on youth: A study in Lagos State

Background of the study

Community-led digital innovation hubs have emerged as pivotal platforms for empowering youth thr...

Read more
The Impact of Emotional Support by Cardiac Nurses on Anxiety Levels Among Patients Undergoing Open-heart Surgery in Irrua Specialist Teaching Hospital, Edo State

Background of the Study

Anxiety is a common psychological response among patients undergoing major surgeries, including...

Read more
Share this page with your friends




whatsapp