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Nigeria: Govt Yet to Disburse N420bn Cabotage Fund 10 Months After Directive

Nigeria: Govt Yet to Disburse N420bn Cabotage Fund 10 Months After Directive
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FG yet to disburse N420bn Cabotage fund 10 months after directive

There seems not to be an end to the delay in the disbursement of the over $350 million (about, N420 billion) Cabotage Vessel Financing Fund (CVFF) months after the federal government appointed five banks as primary lending institutions. The government had in December 2022 appointed five commercial banks for the quick and easy disbursement of…

Shipowners Commend Blue Economy Ministry Creation, Oyetola s Appointment

The Shipowners Association of Nigeria (SOAN) has commended the federal government for creating the ministry of Marine and Blue Economy and also appointing the

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