N904bn funding gap threatens vessels acquisition by Nigerian shipowners

Vincent Toritseju 12 February 2019, Sweetcrude, Lagos — The Nigerian shipowners will need an additional N904 billion to the N36 billion accrued in the Cabotage Vessels Financing Fund (CVFF) to acquire vessels needed for the maritime industry in the next four years, a report has shown. This was even as the Director General of the … More »