
Cabotage Vessel Financing Fund: How Many Shipowners Can Put N6.1b on the Table?By ASU BEKS.
Dear, Dayo Mobereola, Director General, Nigerian Maritime Administration and Safety Agency, NIMASA, in my weekly Marine and Blue Economy Digest column in the Sunday Sun of May 19, 2025, i sent you an open letter in which i commended your bold initiative to break the over 20 years jinx on the disbursement of the Cabotage Vessel Financing Fund, CVFF. I also paid glowing tribute to the Minister of Marine and Blue Economy. Adegboyega Oyetola ,for his commitment towards a timely disbursement. As DG NIMASA, I had ,in thst letter appreciated the burden on your shoulders as you navigate through these turbulent times to justify the confidence reposed on you by President Bola Ahmed Tinubu and that God should bestow on you the wisdom of Solomon and the heart of a lion to overcome the myriad of proble...