51 h. ago $700m cabotage fund set for disbursement in August, says NIMASA

The Nigerian Maritime Administration and Safety Agency (NIMASA), which oversees the long-withheld Cabotage Vessel Financing Fund (CVFF) for shipbuilding in read more $700m cabotage fund set for disbursement in August, says NIMASA

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54 h. ago Renewed Hope For Local Shipowners As Oyetola Directs Disbursement Of $360m Cabotage Fund

Last week, the Minister of Marine and Blue Economy, Adegboyega Oyetola, directed the Nigerian Maritime Administration and Safety Agency (NIMASA), to begin the process for the disbursement of the $360million Cabotage Vessel Financing Fund (CVFF). The CVFF, an intervention fund, was established under the Coastal and Inland Shipping (Cabotage) Act of 2003. While contributions to […]

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2 d. ago Reps mull overhauling of maritime law, back indigenous vessel ownership with Cabotage fund

By Steve Agbota The House of Representatives Committee on Maritime Safety, Education and Administration has pledged full legislative support to overhaul Nigeria’s maritime legal framework and promote indigenous vessel ownership. Speaking during an oversight visit to the Nigerian Maritime Resource Development Centre (NMRDC) in Kirikiri, Lagos, on Tuesday, the Deputy Chairman of the Committee, Hon. […] The post Reps mull overhauling of maritime law, back indigenous vessel ownership with Cabotage fund appeared first on The Sun Nigeria.

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4 d. 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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6 d. ago Oyetola’s April 15 declaration and fate of Nigerian shipowners

Mixed reactions have continued to trail the April 15 declaration by Chief Adegboyega Oyetola, Nigeria’s Marine and Blue Economy Minister, ordering the Nigerian Maritime Administration and Safety Agency, NIMASA, to immediately commence the disbursement of Cabotage Vessel Finance Fund, CVFF. Coming 14 days after the April Fools Day, this does not appear to me as […] The post Oyetola’s April 15 declaration and fate of Nigerian shipowners appeared first on The Sun Nigeria.

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9 d. ago PPDC, US Agency Train 40 Law Undergraduates Of Anchor Varsity

The Public Private Development Centre (PPDC), in partnership with the U.S. Department of State, Bureau of International Narcotics and Law Enforcement Affairs, has trained forty law undergraduates of Anchor University on how to facilitate access to justice for indigent detainees through the establishment of a law clinic. Speaking at the capacity development training, the CEO […]

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1 week ago Minister orders immediate processing of CVFF disbursement after 20

Marine notice released By Steve Agbota The Minister of Marine and Blue Economy,  Adegboyega Oyetola, has directed the Nigerian Maritime Administration and Safety Agency (NIMASA) to commence the process that will lead to the long-awaited disbursement of the Cabotage Vessel Financing Fund (CVFF). The fund has suffered over two decades of administrative stagnation and the […] The post Minister orders immediate processing of CVFF disbursement after 20-year delay appeared first on The Sun Nigeria.

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1 week 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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1 week ago BREAKING: Oyetola orders NIMASA to commence process of CVFF disbursement

By Steve Agbota In a landmark move poised to reshape Nigeria’s maritime landscape, the Minister of Marine and Blue Economy, Adegboyega Isiaka Oyetola, has directed the Nigerian Maritime Administration and Safety Agency (NIMASA) to commence the process that will lead to the long-awaited disbursement of the Cabotage Vessel Financing Fund (CVFF).  This directive marks a […] The post BREAKING: Oyetola orders NIMASA to commence process of CVFF disbursement appeared first on The Sun Nigeria.

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2 w. ago Constitution review: Reps mull creation of 302 new parliamentary seats

From Ndubuisi Orji, Abuja The House of Representatives is proposing the creation of no fewer than 302 new seats in the national and state Assemblies for women and Persons With Disabilities (PWDs) in the ongoing review of the 1999 Constitution. The proposed new parliamentary seats contained in two separate  bills with the Speaker Tajudeen Abass […] The post Constitution review: Reps mull creation of 302 new parliamentary seats appeared first on The Sun Nigeria.

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