President Buhari Approves Disbursement Of CVFF Fund After 17 Years

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President Buhari Approves Disbursement Of CVFF Fund After 17 Years

The news reaching our platform now reveals that President Muhammadu Buhari, has granted approval for immediate disbursement of the Cabotage Vessel Financing Fund (CVFF).

The Minister of Transportation, Muazu Jaji Sambo disclosed this today in Lagos.

The Minister further explained that the much talked-about Cabotage Fund, which has been lingering for about 17 years now, will be disbursed to the beneficiaries following approved guidelines.

Sambo informed that they will meet the Central Bank of Nigeria (CBN) and the Finance Minister for immediate disbursement of the fund.

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