FG eyes 50,000 jobs from $700m cabotage fund disbursement

Dailytrust | 17-04-2026 06:49pm |

The Federal Government has projected the creation of up to 50,000 jobs through the combined impact of the planned disbursement of the $700 million Cabotage Vessel Financing Fund (CVFF) and ongoing port modernisation projects, in a renewed push to strengthen Nigeria’s maritime sector. Minister of Marine and Blue Economy, Adegboyega Oyetola, said the CVFF initiative

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