Tinubu orders release of Nigeria’s ship fund after 20 years

NAIRAMETRICS | 06-09-2026 08:27pm |

President Bola Tinubu has approved the disbursement of the Cabotage Vessel Financing Fund (CVFF), which was established over two decades ago but had not been accessed by Nigerian shipowners. The approval is expected to provide financial support to the maritime sector and boost local shipping capacity.

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