FG moves to unlock cabotage fund after 20-year delay

Following more than 20 years of setbacks, the Federal Government has taken fresh steps to unlock the Cabotage Vessel Financing Fund for Nigerian shipowners, as the Minister of Marine and Blue Economy, Adegboyega Oyetola, has directed lenders to expedite the processing of applications. Oyetola instructed the Nigerian Maritime Administration and Safety Agency to collaborate with […]