CVFF Disbursement Draws Closer as NIMASA Confirms Single-Digit Interest Rate and Flexible Terms
The long-anticipated disbursement of the Cabotage Vessel Financing Fund (CVFF) appears imminent, as the Nigerian Maritime Administration and Safety Agency (NIMASA) has confirmed that beneficiaries of the fund will enjoy a single-digit interest rate, coupled with flexible loan conditions aimed at boosting the growth of indigenous shipping operators. Speaking during a stakeholder engagement forum held