Cabotage Fund Disbursement: NIMASA meets approved primary lending institutions

The Management of the Nigerian Maritime Administration and Safety Agency NIMASA today met with members of the Executive Management of Jaiz Bank, United Bank of Africa (UBA), Union Bank, Zenith Bank and Polaris Bank which are the Federal Government approved Primary Lending Institutions (PLIs) for the disbursement of the Cabotage Vessel Financing Fund (CVFF).

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NIMASA approves Zenith Bank, Polaris, UBA, Jaiz, Union Bank to disburse $350m Cabotage fund

WorldStage Newsonline– The Nigerian Maritime Administration and Safety Agency (NIMASA) has issued a 72-hour ultimatum to the Primary Lending Institutions (PLIs), to release modalities for the disbursement of 350 million dollars Cabotage Vessels Finance Fund (CVFF).

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Standardized digital communication key to effective port and flag administration- Jamoh

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh, OFR, says international collaboration to attain standardized digitalization is essential for Maritime Administrations across the world and all stakeholders in the maritime sector to effectively communicate in line with provisions of the International Maritime Organization IMO, and the International Association of Marine Aids to Navigation and Lighthouse Authorities, IALA.

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