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$200m Cabotage Fund: Banks to hold Shipowners accountable

As plans for the disbursement of the Cabotage Vessel Financing Fund (CVFF) gathers momentum, the Minister of Transportation, Rotimi Amaechi, has said lending institutions will be empowered to hold any beneficiary shipowner accountable for every kobo collected as facility. The CVFF stands at about $200million. He spoke at a meeting in Lagos on Thursday organised…

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$200m Cabotage Fund: Banks to hold Shipowners accountable

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