FG to Give Nigerian Shipowners Up to $25m Under CVFF
The Federal Government says qualified Nigerian shipowners will be able to access up to $25 million each under the Cabotage Vessel Financing Fund (CVFF). The Minister of Marine and Blue Economy, Adegboyega Oyetola, said disbursement of the long-awaited fund would soon begin, more than 20 years after it was established. According to Oyetola, the initiative is aimed at strengthening indigenous shipping, reducing foreign dominance in Nigeria’s maritime sector and creating […]
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