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17 Yrs After, NIMASA Gets FG's Approval To Disburse $200m Vessels Intervention Fund

Published by Leadership on Tue, 11 Aug 2020


After 17 years of contributing into the Cabotage Vessels Finance Funds (CVFF), Nigeria Shipowners can now heave a sigh of relief as the Nigerian Maritime Administration and Safety Agency (NIMASA) said it has secured approval to disburse the vessel intervention fund. The CVFF was established alongside the Nigerian Coastal and Inland Shipping (Cabotage) Act of []
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