• About
  • Contcat Us
Tuesday, October 14, 2025
No Result
View All Result
Prestige Blended
  • Login
  • Home
  • Politics
  • Business
  • World
  • Opinion
  • Tech
  • Science
  • Lifestyle
  • Entertainment
  • Health
  • Travel
  • Maritime News
  • Home
  • Politics
  • Business
  • World
  • Opinion
  • Tech
  • Science
  • Lifestyle
  • Entertainment
  • Health
  • Travel
  • Maritime News
No Result
View All Result
Prestige Blended
No Result
View All Result
Home Maritime News

MARITIME CAPACITY DEVELOPMENT: Cabotage Vessel Financing Fund Intact- Moberola

admin by admin
January 17, 2025
in Maritime News
0
MARITIME CAPACITY DEVELOPMENT: Cabotage Vessel Financing Fund Intact- Moberola
0
SHARES
49
VIEWS
Share on FacebookShare on Twitter

MARITIME CAPACITY DEVELOPMENT: Cabotage Vessel Financing Fund Intact.

-NIMASA committed to disbursement- Mobereola.

READ ALSO

DR BASIL NWOLISA APPOINTED ABA COMMERCIAL SMART CITY COORDINATOR/AMBASSADOR

SCORESHEET STATISTICS, RANKINGS REVEAL HOW ESTHER WON FOMI 2025

 

By Mcanthony Onuoha

 

Funds accrued under the Cabotage Vessel Financing Fund (CVFF) are intact and currently held with the Central Bank of Nigeria under the Single Treasury Account (TSA). This contrary to a misleading publication alleging that funds have disappeared from the CVFF account.

 

The report of a missing money is both misleading and false.

 

For the record, the Cabotage Vessel Financing Fund, securely held in the NIMASA account at the Central Bank of Nigeria (CBN), remains intact. There has been no disappearance of funds, and no illegal transactions, as the article suggests. This misinformation is a figment of the authors imagination, aimed at undermining NIMASA’s integrity, and mislead the public about the Agency’s operations.

 

The Management of NIMASA will ensure that the CVFF is utilised in line with its statutory purpose. NIMASA Director General Dr Mobereola has assured stakeholders of the safety of funds under the CVFF.

 

His words “Let us be clear that the CVFF account at the Central Bank of Nigeria is safe, intact, and secure. We at NIMASA will continue to manage it with the utmost responsibility, and there are no irregularities or illegal activities surrounding the funds. I urge the public to disregard this false narrative and to continue trusting the Agency’s ability to uphold the integrity of Nigeria’s maritime sector”.

The CVFF is a fund established under section 42 of the Coastal and Inland Shipping (Cabotage) Act 2003 to promote the development of indigenous ship acquisition capacity and to provide credit facilities to local maritime operators.

 

NIMASA is committed to transparency, accountability, and the advancement of Nigeria’s maritime sector.

Related Posts

ADVOCACY GROUP ALLEGES IMPUNITY, FRAUDULENT PRACTICES BY SHIPPING LINES IN NIGERIA
Maritime News

DR BASIL NWOLISA APPOINTED ABA COMMERCIAL SMART CITY COORDINATOR/AMBASSADOR

October 14, 2025
SCORESHEET STATISTICS, RANKINGS REVEAL HOW ESTHER WON FOMI 2025
Maritime News

SCORESHEET STATISTICS, RANKINGS REVEAL HOW ESTHER WON FOMI 2025

October 8, 2025
Celebrating the Rising Profile of Nze Chidiogo Okpara, Maritime Expert and CEO, Chidosky Marine Concept Limited
Maritime News

Celebrating the Rising Profile of Nze Chidiogo Okpara, Maritime Expert and CEO, Chidosky Marine Concept Limited

October 7, 2025
FINANCE MINISTER TO GIVE KEYNOTE ADDRESS AT FiBOP NATIONAL ANNUAL CONFERENCE 2025
Maritime News

FINANCE MINISTER TO GIVE KEYNOTE ADDRESS AT FiBOP NATIONAL ANNUAL CONFERENCE 2025

September 29, 2025
NIGERIA CUSTOMS YIELDS TO FEDERAL MINISTRY OF FINANCE’S DIRECTIVE ON IMPLEMENTATION OF 4% FOB
Maritime News

NIGERIA CUSTOMS SERVICE REAFFIRMS CSR DRIVE, VOWS SUPPORT FOR SISTER AGENCIES

September 28, 2025
MARITIME JOURNALISTS COLLAPSE FRONTIERS TO FORGE A COMMON FRONT
Maritime News

MARITIME JOURNALISTS COLLAPSE FRONTIERS TO FORGE A COMMON FRONT

September 25, 2025
Next Post
MARITIME CAPACITY DEVELOPMENT: Cabotage Vessel Financing Fund Intact- Moberola

Public Private Partnership Model- A Necessity for Maritime Infrastructural Development in Nigeria - Mobereola

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

FEDERAL UNIVERSITY OF TRANSPORTATION DAURA GETS PIONEER VICE CHANCELLOR

FEDERAL UNIVERSITY OF TRANSPORTATION DAURA GETS PIONEER VICE CHANCELLOR

May 5, 2023
HARRITEX: THE MAN,CHIEF HENRY IHEANYICHUKWU NJOKU,(KSM).

HARRITEX: THE MAN,CHIEF HENRY IHEANYICHUKWU NJOKU,(KSM).

February 1, 2022
IJU TONY NWABUNIKE IS THE PROBLEM OF ANLCA —Ada Akpunonu

IJU TONY NWABUNIKE IS THE PROBLEM OF ANLCA —Ada Akpunonu

February 10, 2021
HOW UDUAGHAN WAS FORCEFULLY LURED INTO MARRYING NATASHA AKPOTI

HOW UDUAGHAN WAS FORCEFULLY LURED INTO MARRYING NATASHA AKPOTI

November 3, 2022
HOW UDUAGHAN WAS FORCEFULLY LURED INTO MARRYING NATASHA AKPOTI

How AKPOTI-UDUAGHAN BLACKMAILED HUSBAND TO MARRY HER OR PAY IN N10 IN DAMAGES

November 4, 2022

EDITOR'S PICK

FEDERAL GOVERNMENT INCREASES ELECTRICITY TARIFF BY OVER 300%

FEDERAL GOVERNMENT INCREASES ELECTRICITY TARIFF BY OVER 300%

April 3, 2024
ALL IS NOW SET AS MARAN ISSUES A NEW DATE FOR ANNUAL LECTURE

MAMAL 2023: ADEYANJU, IHEANACHO, JOLAPAMO CONFIRM ATTENDANCE

November 25, 2023
UNIQUE MARITIME CLUB INAUGURATES NEW EXECUTIVE MEMBERS

UNIQUE MARITIME CLUB INAUGURATES NEW EXECUTIVE MEMBERS

May 30, 2022
NIGERIA: RECONCILIATION POSTPONED ? — BISHOP MATHEW HASSAN KUKAH

NIGERIA: RECONCILIATION POSTPONED ? — BISHOP MATHEW HASSAN KUKAH

April 9, 2023

About

Daily News

Who we are
The Prestige Blended Magazine is published by GREENDOREEN MEDIA SERVICES.

The PRESTIGE BLENDED MAGAZINE was founded in 2012.

Our Vision
To become the gold standard of Media practice in Nigeria.

Our Mission
To prolifically serve as a catalyst for positive change by constructively advocating for the ushering in of an era of egalitarianism. And to remain in the forefront of the crusade for balanced and verifiable media reportage.

Our Services
For wider publicity of your wedding, child naming, burial ceremonies,seminars, press briefing, interviews, inaugurations, graduations, adverts of goods and services, etc.

Follow us

Main Links

  • About
  • Contcat Us

Categories

  • Arts
  • Business
  • Crime
  • Culture
  • Education
  • Entertainment
  • Fashion
  • Health
  • History
  • Lifestyle
  • Literature
  • Maritime News
  • National
  • News
  • Opinion
  • Personality
  • Politics
  • Relationship
  • Religion
  • Sport
  • Tech
  • Transportation
  • Travel
  • Uncategorized
  • World

Recent Posts

  • DR BASIL NWOLISA APPOINTED ABA COMMERCIAL SMART CITY COORDINATOR/AMBASSADOR
  • SCORESHEET STATISTICS, RANKINGS REVEAL HOW ESTHER WON FOMI 2025
  • Celebrating the Rising Profile of Nze Chidiogo Okpara, Maritime Expert and CEO, Chidosky Marine Concept Limited
  • FINANCE MINISTER TO GIVE KEYNOTE ADDRESS AT FiBOP NATIONAL ANNUAL CONFERENCE 2025

© 2020 Prestige Blended - News Magazine website

No Result
View All Result
  • Home
  • Politics
  • Business
  • World
  • Opinion
  • Tech
  • Science
  • Lifestyle
  • Entertainment
  • Health
  • Travel
  • Maritime News

© 2020 Prestige Blended - News Magazine website

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In