Cabotage Fund

Nigeria to disburse $350m cabotage fund, boost shipping

The Minister of Marine and Blue Economy, Adegboyega Oyetola, announced in Lagos on Thursday that the Nigerian Maritime Administration and Safety Agency, in collaboration with maritime stakeholders, has finalized plans to disburse the $350 million (N525 billion) Cabotage Vessel Financing…

Buhari approves disbursement of Cabotage fund – Sambo

The Minister of Transportation, Mr Mu’azu Sambo, says President Mohammadu Buhari has approved the disbursement of Cabotage Vessel Financing Fund (CVFF) with immediate effect. Sambo said this during the flag-off ceremony of the Batch B of the Third Phase of…