Seafarers blame Cabotage Act, Lament Unemployment Seafarers, under the auspices of the Nigeria Merchant Navy Officers and Water Transport Senior Staff Association, says lack of enforcement and implementation of the Cabotage Act by regulatory agencies has resulted in unemployment in the industry. According to the Punch...

As Nigeria’s economic recession bites harder and unemployment rate soaring, Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has advised the Federal Government to cut its losses by fully implementing the 2003 Cabotage Act to turn in about N2trillion annually. Emefiele, who...