ABSTRACT
The cabotage law was passed in 2003, with clauses empowering local investors to acquire domestic trade control of shipping and create enough muscle to put Nigeria as a maritime nation in the movement of its import/export goods, including oil and crude oil, to worldwide markets. The implementation and enforcement of the Act’s provisions must be closely monitored to ensure that the law’s goals and objectives are aggressively pursued and met. The study’s goal is to verify the purported unrelenting dominance of foreign flag operators in coastal services, as well as the influence of the Coasting Trade Act 2003 on the development of local capacity in terms of tonnage, human resources, and cargo assistance. For display as an explanatory model, the gathered data were statistically evaluated with the model and the circular of chi-square graphics. Lack of funds, failure on the part of NIMASA to process loan applications for financing funds cabotage vessels for expansion tonnage; lack of commitment and NAPPIMS PPMC to ensure cargo assistance to indigenous operators; and NIMASA’s lukewarm implementation of the Act’s provisions were among the factors revealed by the study. The survey also found that the majority of cabotage vessels used by most maritime companies are indigenous and meet the required standards. There was also an increasing shortage of specially qualified sailors, certified maritime engineers, and navigators to take advantage of. For example, NMASA is encouraged to make the installation Financing Fund cabotage vessel / loan available to local operators for fleet development and to take concrete efforts to strengthen management and prevent importing workers by establishing a sea-cadet training ship. As a form of deterrent to time to rest, PPMC and NAPPIMS should guarantee long-term charter fleets. Local operators, on the other hand, should strive to provide quality and navigable cabotage activities as well as clean marine insurance. Local Capacity Building.
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