Oyetola Directs NIMASA to Fast-Track Cabotage Fund Disbursement to Indigenous Ship Owners 

The Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, has directed the Nigerian Maritime Administration and Safety Agency (NIMASA) to work closely with the 12 approved Primary Lending Institutions (PLIs) to accelerate the disbursement of the Cabotage Vessel Financing Fund (CVFF) to qualified Nigerian shipowners.

The directive underscores the Minister’s determination to end more than two decades of delays surrounding the disbursement of the fund and unlock a new era of growth, investment and job creation in Nigeria’s maritime sector…

shipsandports.com.ng/oyetola-direct…

Leave a Reply

Your email address will not be published. Required fields are marked *