CVFF

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Nigeria bleeds $8b annually to idle seafarers, stalled CVFF disbursement

Federal Government’s long-delayed Cabotage Vessel Financing Fund (CVFF) disbursement to indigenous shipowners is costing the country a yearly freight revenue loss estimated between $6 billion and $8 billion, with over…

10 November 2025

22 years after, FG renews hope of CVFF disbursement

13 March 2025

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