The Management of the Nigerian Maritime Administration and Safety Agency (NIMASA) has 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).
Speaking shortly after a closed door meeting, the Director General of NIMASA, Dr. Bashir Jamoh OFR, noted that the meeting is a major step towards the implementation of the Presidential directive on disbursing the CVFF as announced by the Honorable Minister of Transportation, Engr. Mu’azu Jaji Sambo, late last year.
