22 h. ago FG to end Cabotage waivers, back indigenous shipping to boost maritime sector

To launch national shipping carrier through PPP By Steve Agbota In a decisive move to strengthen Nigeria’s maritime sector, create jobs, and boost indigenous participation in the shipping industry, the Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola, said that the Federal Government has concluded plans to bring an end to the issuance of […] The post FG to end Cabotage waivers, back indigenous shipping to boost maritime sector- Oyetola appeared first on The Sun Nigeria.

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2 w. ago Shipowner advocates single digit rate for disbursement of $700m CVFF

By Steve Agbota The President of the African Shipowners Association (ASA), Captain Ladi Olubowale, has said that the disbursement of the $700 million Cabotage Vessels Finance Fund (CVFF) to Nigerian shipowners at a single-digit interest rate will create abundant growth opportunities, boost capacity-building, local content development and develop Nigeria as a maritime nation in Africa. […] The post Shipowner advocates single digit rate for disbursement of $700m CVFF appeared first on The Sun Nigeria.

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2 w. ago Foreign Dominance: Shipowner Demands Waiver Clause Removal In Cabotage Trade

A foremost Shipowner, Tunji Brown, has called for the removal of the waiver clause and replaced it with a right of first refusal provision to ensure local Shipowners have a fair opportunity to compete for contracts. Speaking to LEADERSHIP, the former secretary general and member of the Board of Nigerian Shipowners Association (NISA), expressed concern […]

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2 w. ago CVFF: Shipowner urges focus on indigenous ownership, job creation boost

…Faults 2% levy on vessel docking By Steve Agbota A shipowner, Tunji Brown, has advocated the elimination of the waiver clause in Nigeria’s maritime regulations, urging its replacement with a “right of first refusal” provision to strengthen indigenous participation in the sector. Addressing journalists in Lagos yesterday, Brown, who formerly served as Secretary General and […] The post CVFF: Shipowner urges focus on indigenous ownership, job creation boost appeared first on The Sun Nigeria.

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2 w. ago Shipowners Laud Oyetola’s Directive To NIMASA On CVFF Disbursement

Indigenous shipowners have unanimously commended the minister of Marine and Blue Economy, Adegboyega Oyetola, over his recent directive to the Nigerian Maritime Administration and Safety (NIMASA) to begin the process for the disbursement of the Cabotage Vessel Financing Fund (CVFF). The minister had directed the NIMASA to commence the process that will lead to the […]

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3 w. ago After two decades, Nigeria moves to disburse cabotage fund in push for indigenous shipping

Adegboyega Oyetola, the minister of marine and blue economy, has directed the Nigerian Maritime Administration and Safety Agency (NIMASA) to read more After two decades, Nigeria moves to disburse cabotage fund in push for indigenous shipping

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