NIMASA/Stakeholders Committee on Cabotage to drive CVFF, others—Omatseye
Former Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) and chairman of the newly inaugurated NIMASA/ Stakeholders Joint Committee on implementation of NIMASA’s five year strategic plan for cessation of grant of Cabotage waivers, Barr. Temisan Omatseye,…
CVFF account: Minister says empty, NIMASA $124m, ship-owners claims $300m
Confusion is currently brewing within the nation’s maritime sector over the actual value of the Cabotage Vessel Finance Fund (CVFF), a two per cent contributory scheme instituted by law payable by indigenous ship-owners on every contract done in the nation’s…
‘Idle $100m cabotage fund, disservice to indigenous shipping companies’
Stakeholders’ in the nation’s maritime sector have decried the protracted silence and inactivity of the management of the Nigerian Maritime Administration and Safety Agency (NIMASA) in resuming the effective disbursement of the over $100 million Cabotage Vessel Finance Fund (CVFF)….
