Stakeholders call for stronger credit measures to de-risk vessel financing

Stakeholders have called for stronger credit assessments, legal due diligence and effective risk management to reduce lending risks associated with Nigeria’s Cabotage Vessel Financing Fund (CVFF), currently estimated at over $700 million. This was the outcome of the Olisa Agbakoba Legal (OAL) maiden Maritime Policy Roundtable in Lagos. The event opened with remarks by Yvonne ...