3% NIMASA levy should fund trucks, barges for indigenous operators
By Efe Onodjae The Federal Government has been urged to direct the Nigerian Maritime Administration and Safety Agency (NIMASA) to utilise the 3 per cent freight levy collected from international inbound and outbound cargo to provide revolving loans for indigenous maritime transport operators and licensed customs agents.
He therefore called for the establishment of a revolving loan scheme under the Maritime Fund to enable indigenous transporters and licensed customs agents replace obsolete trucks and barges with modern equipment capable of improving cargo evacuation from Nigerian ports.
According to him, the NIMASA Act clearly mandates the Agency to promote indigenous commercial shipping, develop shipping infrastructure and implement policies that strengthen local capacity in ship ownership and other maritime assets.
This is a summary of the original articles listed below. Always read the source articles for the full context. GhanaSummary does not create or modify the news — we summarise and link to original publishers.
