Nigerian Ship Chandlers Losing Rightful Business

Nigeria currently loses about N80 billion (US$500-million) annually to foreign shipping operators due to Federal Government not enforcing ship chandlery laws.

Citing Head of government and international matters of Nigerian Customs Licensed Ship Chandlers Association (NCLSCA), Dr. Martins Enebeli, 'The Vanguard' reported that this has resulted in foreign shipping operators refusing to make use of the indegenious ship chandlers, which is in contravention of the recent Local Content Act promulgated by the Federal Government.

According to Enebeli who is also the Trustee/Secretary General, Marine Oil Traders Association of Nigeria, Nigerian Ship chandlers are entitled to 95 percent of ship chandling services to ships that call at the nation’s ports. He urged the government to ensure that the Local Content Act is wholly implemented in order to encourage Nigerians participation in the maritime, oil and gas sector effectively.

Source: The Vanguard, Nigeria