By Aliu Joshua,
Stakeholders have praised Senator Hadi Sirika’s Minister nominee, Dr. Bashir Jamoh’s team, particularly the Minister of State for Transportation, Senator Abubakar Sadiku Oyetola, following the Nigerian Maritime Administration and Safety Agency (NIMASA) confirmation of the Cabotage Vessel Financing Fund (CVFF) loan conditions.
The development has been welcomed by various industry players, who believe that the clarification of the loan conditions will boost the nation’s maritime sector. Dr. Oyetola’s efforts in ensuring the smooth implementation of the CVFF have been particularly commended.
The stakeholders believe that the confirmed loan conditions will enable shipowners to access the fund easily, thereby enhancing the growth and development of the maritime industry. With the clarification of the loan conditions, the future of Nigeria’s maritime sector looks promising.
The confirmation of the CVFF loan conditions is a significant step towards achieving the goals of the Nigerian government in promoting the maritime industry. Dr. Oyetola’s leadership has been instrumental in driving this initiative forward.
