CVFF Archives

Indigenous ship-owners lose hope over SOAN

Indigenous ship-owners have told the Nigerian Tribune that they have lost hope in the disbursement of the $350m Cabotage Vessel ...

Group urges FG to disburse CVFF to grow local capacity

by Tola Adenubi

December 14, 2023

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The League of Maritime Editors (LOME) has called on the Federal Government to disburse over $350 million Cabotage Vessel Finance ...

Ministerial Appointment: Nigerian Ship-Owners expect disbursement of $700m CVFF in six months

by Tola Adenubi

August 17, 2023

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Indigenous Ship-Owners have expressed expectations that the $700m Cabotage Vessel Financing Fund (CVFF) should be disbursed in six months following ...

Eastern railway corridor May,Play by the rules, pay for services rendered, FG charges IOCs, NNPC , Indigenous shipowners fault FG, says CVFF contribution more than $2bn , N16bn CVFF disbursement, Sustainable financing models key to building critical maritime assets, FG urges transport researchers, No ransom was paid, FG to concession Abuja-Kaduna, Orashi river port dredging, Deploy N50bn floating dock, FG to disburse cabotage funds , Minister directs NPA to renew port concession agreements in 45 days, Transportation ministry introduces, FEC okays $2.59b, affordable housing units project

FG promises to disburse cabotage funds to indigenous shipping lines in Nigeria

by Tyavzua Saanyol

September 4, 2022

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The Federal Government has promised to disburse the Cabotage Vessel Financing Fund (CVFF) to indigenous shipping operators soon in order ...

CVFF contribution increases from $195m to $350m in one year

by Tola Adenubi

June 26, 2022

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The Cabotage Vessel Financing Fund (CVFF), a two per cent contribution by indigenous ship owners involved in coastal and inland ...

Shipowners to benefit from $200m cabotage fund ― Amaechi

by Paul Omorogbe

January 24, 2020

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Minister of Transportation, Rotimi Amaechi, has announced that Shipowners will now benefit directly from the $200 million Cabotage Vessel Financing ...

200m CVFF: Banks to hold beneficiary ship-owners accountable ― FG

by Daramola Oluwafunmilayo

January 23, 2020

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The Federal Government has revealed that, as part of guidelines being put in place for the disbursement of the Cabotage ...

Buhari approves N44.6bn CVFF disbursement to Ship-owners

by Daramola Oluwafunmilayo

December 15, 2019

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The Minister of Transportation, Honourable Rotimi Amaechi, on Thursday night, confirmed the long-awaited approval by President Muhammadu Buhari for the ...