Nigeria’s Maritime Administration and Safety Agency (NIMASA) finally received support for the disbursement of the $360 million Cabotage Vessel Finance Fund (CVFF) to qualified Nigerian shipowners.
The modalities to be released would include interest rate, tenure, collateral and requirements needed to access the fund.
The Federal Government is set to commence the disbursement of the Cabotage Vessel Finance Fund (CVFF) to indigenous shipowners after 15 years delay. #AMEACHI #VESSEL
