Cabotage: NIMASA Confirms CBN In Custody Allocated Funds

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Nigerian Maritime Administration and Safety Agency (NIMASA) has said that the Central Bank of Nigeria (CBN) was in custody of all the monies accrued under the Cabotage Vessel Financing Fund (CVFF) under the Single Treasury Account (TSA), noting that the fund was not missing. The CVFF was established under section 42 of the Coastal and…

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