Investor Presentaiton

GOVERNMENT INITIATIVES CONTINUE 13 The National Carrier will be a Joint Venture between Nigerian investors and foreign partners. The federal government will provide support and enabling environment for the National Carrier in the following areas. 1. 2. 3. Enforce section 37 of Nigerian Maritime and Safety and Administration (NIMASA) Act which guarantees carriage of all government cargoes by the National Carrier. Tax relief to the Joint Venture for a reasonable period between (5 to 10 years) Exemption from import tax for vessels imported into Nigeria, registered in the Nigerian ship registry including vessel spare parts and equipment.

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