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Tag Archives: Cabotage Vessel Financing Fund

Tinubu approves CVFF Disbursement to Boost Indigenous Shipping

President Bola Tinubu has approved disbursement of the Cabotage Vessel Financing Fund (CVFF) to strengthen indigenous participation in Nigeria’s maritime sector. The fund, managed by NIMASA, ends years of delay in implementing the revolving scheme established under the Cabotage Act. Newsextra24 reports the CVFF supports vessel acquisition by Nigerian shipowners …

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