Membership Requirement

1. Any individual or corporate body intending to become a member of the Association must apply in writing to the Association to become a member if:

(a). he is a citizen of Nigeria or a corporate body incorporated and subject to the laws of Nigeria that has its principal place of business in Nigeria and not less than 60% of its share capital shall be owned and held by citizens of Nigeria free from any trust or obligation or control in favour of non-citizens of Nigeria and produces an affidavit sworn to in the Federal High Court by him or its Managing Director, deposing to the fact.

(b) he or the corporate body is the owner or the manager of at least one sea-going vessel or ship which has a gross registered tonnage of not less than 500 which is backed by a certificate of seaworthiness issued by a recognized classification society, the registration, survey, insurance and tonnage particulars and certificates and documents of which vessel or ship must be submitted along with the application.

(c). he or the corporate body pays the registration fee of N1,000,000.00 .

(d). he or the corporate body pays the annual membership dues as required in January of each year .

(e). he or the corporate body is of good character and has never been convicted of any economic or financial crime or a criminal offence involving fraud, corruption or dishonesty.

(f). he or the corporate body completes the application form and submits all required documents.

(2). After the fulfillment of the membership requirements in subsection 1 of this Section, and the interview o the intending member, the Executive Secretary shall make a recommendation to the Executive Committee on whether or not the application should be accepted and whatever decision is taken by the Executive Committee on the recommendation, shall be sent by the Executive Secretary to the intending member.