The nation’s economy is currently losing opportunities to develop its maritime sector just like other maritime nations as Nigerian ship owners prefer to register their vessels in foreign registry than Nigerian registry. In 2020, about 265 ships with 6,485,000dwt owned by Nigerian beneficials we
```
Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp