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Lack of financial plan hinders indigenous ship ownership – Prof Ajogwu

An expert in the maritime business, Professor Fabian Ajogwu, a Senior Advocate of Nigeria, SAN, has stated that despite the financial plan made by the government in funding assistance for ship acquisition in Nigerian maritime sector,  indigenous participation in the owning of vessels and doing business in the sector has not improved because local shipping companies cannot access the requisite funding to acquire ship infrastructure and do the business.

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