Over 100 shipowners vie for $700m cabotage fund

Dailytrust | 19-02-2026 05:55pm |

Nigeria’s maritime sector is witnessing a surge in activities as over 100 indigenous shipowners scramble to secure a share of the $700 million Cabotage Vessel Financing Fund (CVFF), Daily Trust can report. The race for the fund heightened soon after the CVFF application portal came alive. Daily Trust had reported that the Minister of Marine

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