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Local ship chandlers expect that they would
be included in the body created to
NIGERIAN GOVERNMENT implement Nigeria’s new cabotage regime.
In particular, local ship chandlers are
CHANGES POLICY ON LOCAL requesting that they be included in the
PARTICIPATION IN SHIP Cabotage Vessel Finance Fund (CVFF)
managed by the Nigerian Maritime
CHANDELLING AND OIL Administration and Safety Agency
LIFTING BUSINESS (NIMASA). The inclusion of local ship
chandlers in the CVFF will help the former
December 2008 Vol. 21: Issue 12 meet the required statutory capital base
needed to participate and excel in the ship
The Nigerian government has released a chandelling business in Nigeria.
new policy guideline designed to increase
the participation of Nigerians in the The Nigerian Ship Chandler’s Association
maritime industry, especially in the ship has also requested the Federal Government
chandelling and oil lifting businesses. assistance in the training and retraining of
ship chandlers to meet international
This policy thrust is following on the heels standards.
of the recent indigenization of Nigeria’s
cabotage regime. At the behest of the For further inquiries, please contact:
Nigerian Ship Chandler’s Association, the
Ms. Clara Ndive
Presidency is to set up an inter‐ministerial
Email: Clara@blackfriars‐law.com
body comprising representatives from the
Ministries of Transportation, Energy (Gas Tel: +234 803 323 1868
and Petroleum), and the NNPC among Fax: +234 1 2694781
others.
Ms. Nkeiru Onyeaso
Owing to a weak capital base, the Nigerian Tel: +234 808 718 0833
ship chandelling business is largely Email: Nkay@blackfriars‐law.com
dominated by foreigners who are often Fax: +234 1 2694781
alleged to sub‐contract the business to
Nigerians. It would appear that the current This newsletter has been sent to you by
regime stems from the non‐licensing of local BLACKFRIARS LLP, a full‐service law firm, in
ship chandlers by the Nigerian Customs the genuine belief that its contents would be of
Service resulting in an unregulated business interest to you. If you have received this
climate. In addition, the recurring conflicts newsletter incorrectly, or if you do not want to
receive further information about legal
between port terminal operators and local
developments in Nigeria and West Africa,
ship chandlers over perceived high terminal
please accept our apologies. To unsubscribe
charges and excessive red‐tape may be from future newsletters from BLACKFRIARS
responsible for loss of business to LLP please send an email to info@blackfriars‐
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©Blackfriars LLP 2008. All rights reserved. This document is for general guidance only. Definitive advice
should be sought from counsel if required. Blackfriars LLP is a Nigerian law firm with a representative
office in Toronto, Canada. WWW.BLACKFRIARS‐LAW.COM