• About
  • Contcat Us
Friday, September 22, 2023
No Result
View All Result
  • Login
  • Home
  • Politics
  • Business
  • World
  • Opinion
  • Tech
  • Science
  • Lifestyle
  • Entertainment
  • Health
  • Travel
  • ROAD DECONGESTION: ANLCA AND NAGAFF SWING INTO ACTION
  • Home
  • Politics
  • Business
  • World
  • Opinion
  • Tech
  • Science
  • Lifestyle
  • Entertainment
  • Health
  • Travel
  • ROAD DECONGESTION: ANLCA AND NAGAFF SWING INTO ACTION
No Result
View All Result
No Result
View All Result
Home Uncategorized

GOVERNMENT TO DISBURSE THE CVF FUND-Sambo

Dili Utomi by Dili Utomi
03/09/2022
in Uncategorized
0
GOVERNMENT TO DISBURSE THE CVF FUND-Sambo

The minister (centre), NIWA Managing Director, George Moghalu to the left as the minister performs a tape cutting ceremony.

0
SHARES
48
VIEWS
Share on FacebookShare on Twitter

The minister of transport Mu’azu Sambo making a speech at the event.

                              
The Federal Government is set to disburse the Cabottage Vessel Financing Fund soon to enable indigenous shipping operators to compete favourably with their international counterparts.                

READ ALSO

PORT AUTOMATION: ESSENCE TO BLUE ECONOMY X-RAYED AT JOURNALNG THM.

BLAME ALL PARTIES FOR ANOMALY IN PROCESSES-Ayobiojo.

Minister of Transportation, Mu’azu Jaji Sambo  disclosed this on Friday when he visited the National Inland Waterways Authority, Area Office in Port Harcourt, Rivers State.    

The minister (centre), NIWA Managing Director, George Moghalu to the left as the minister performs a tape cutting ceremony.                   

The CVFF is an intervention fund created by the Federal Government for the development of indigenous shipping capacity in Nigeria to enable them maintain existing vessels or purchase new ones.          

Describing the CVFF as a low hanging fruit, the Minister said it would support  maritime activities which is the gateway   to the nation’s economy, adding that “if we get our acts right, the maritime industry can replace the revenue from the
oil”.     

A boat being commissioned.
                     
While answering questions from newsmen at the BUA Ports and Terminal Limited, situated at the Rivers Port, the Minister expressed delight at the progress of work, saying: “we are making good progress, bringing this place to a world standard,”  but urged the operators to ensure completion by 2025.        

Furthermore, the Minister assured that as part of the railway modernization policy, rail lines would be linked to the  seaports for effective and efficient haulage of cargoes.

The Minister was accompanied on the trip by the Director, Finance and Accounts, FMT,  Umaru Hassan who represented the Permanent Secretary, Dr. Magdalene Ajani, Directors, MSD, Legal Services, Rail, Press,  Babatunde Sule, Pius Oteh, Jimoh Yusfu, Eric Ojiekwe, respectively.

Others were: Managing Director, Nigerian Ports Authority, Mohammed Bello-Koko, Managing Director, Nigerian Railway Corporation, Fidet Okhiria and the Registrar, Council for Regulation of Freight Forwarding, in Nigeria, Sam Nwakohu among others.

For Advert Placement and more information, please call us @ greatalternativenigltd@gmail.com

Related Posts

PORT AUTOMATION: ESSENCE TO BLUE ECONOMY X-RAYED AT JOURNALNG THM.
Uncategorized

PORT AUTOMATION: ESSENCE TO BLUE ECONOMY X-RAYED AT JOURNALNG THM.

08/09/2023
BLAME ALL PARTIES FOR ANOMALY IN PROCESSES-Ayobiojo.
Uncategorized

BLAME ALL PARTIES FOR ANOMALY IN PROCESSES-Ayobiojo.

27/08/2023
HASSAN BERATES MARITIME POLICE.
Uncategorized

HASSAN BERATES MARITIME POLICE.

27/08/2023
ANXIETY AS STAKEHOLDERS AWAIT FINAL DECISION ON VIN VALUATION.
Uncategorized

APFFLON TOWS NAGAFF’S LINE, RECOMMENDS BELLO AS MINISTER OF TRANSPORTATION.

17/07/2023
IMO TACKLES CLIMATE CHANGE MATTERS.
Uncategorized

IMO TACKLES CLIMATE CHANGE MATTERS.

12/07/2023
MARAN BREAKFAST MEETING: STAKEHOLDERS ADVOCATE URGENT ACTIONS.
Uncategorized

MARAN BREAKFAST MEETING: STAKEHOLDERS ADVOCATE URGENT ACTIONS.

07/07/2023
Next Post
SAMBO AT NIWA IN PH, COMMISIONS 4 BOATS.

SAMBO AT NIWA IN PH, COMMISIONS 4 BOATS.

Leave a Reply Cancel reply

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

POPULAR NEWS

CRANE KILLS CLEARING AGENT AT KLT.

CRANE KILLS CLEARING AGENT AT KLT.

25/01/2022

ANLCA ACCUSES CUSTOMS OF INCREASE IN THE COST OF PAAR, NCS DEBUNKS ALLEGATION.

10/09/2021
LAGOS STATE NUJ CHAIRMAN VISITS NPA, TALK SYNERGY.

COMTUA ASKS NPA FOR A #10B COMPENSATION AS NPA REACTS.

07/05/2021
TRAGIC!: ANOTHER CUSTOMS PERSONNEL SHOT DEAD ON DUTY.

TRAGIC!: ANOTHER CUSTOMS PERSONNEL SHOT DEAD ON DUTY.

25/10/2022
MINISTERIAL VISIT: SAMBO COMMENDS NIMASA MANAGEMENT.

MINISTERIAL VISIT: SAMBO COMMENDS NIMASA MANAGEMENT.

03/10/2022

EDITOR'S PICK

FOU ZONE ‘A’ SEIZES ITEMS WORTH OVER #30B.

FOU ZONE ‘A’ SEIZES 144 ITEMS, ARRESTS 23 SUSPECTS.

16/07/2021
NEW SWAN PRESIDENT PULLS ABIA STATE GOVERNOR

NEW SWAN PRESIDENT PULLS ABIA STATE GOVERNOR

16/09/2021
NAGAFF DISSOLVES, INAUGURATES ANOTHER 100% COMPLIANCE TASK TEAM.

NAGAFF DISSOLVES, INAUGURATES ANOTHER 100% COMPLIANCE TASK TEAM.

01/02/2023
NIMASA DG Assures IGP of Support in Combating Maritime Crimes

NIMASA DG Assures IGP of Support in Combating Maritime Crimes

10/12/2021

About

We bring you the latest breaking news and happenings around the globe. Visit our website often for latest news.

Follow us

Main Links

  • About
  • Contcat Us

Categories

  • Business
  • Education
  • Entertainment
  • National
  • News
  • Politics
  • ROAD DECONGESTION: ANLCA AND NAGAFF SWING INTO ACTION
  • Sport
  • Tech
  • Uncategorized
  • World

Recent Posts

  • PORT AUTOMATION: ESSENCE TO BLUE ECONOMY X-RAYED AT JOURNALNG THM.
  • BLAME ALL PARTIES FOR ANOMALY IN PROCESSES-Ayobiojo.
  • HASSAN BERATES MARITIME POLICE.
  • APFFLON TOWS NAGAFF’S LINE, RECOMMENDS BELLO AS MINISTER OF TRANSPORTATION.
No Result
View All Result
  • Home
  • Politics
  • Business
  • World
  • Opinion
  • Tech
  • Science
  • Lifestyle
  • Entertainment
  • Health
  • Travel
  • ROAD DECONGESTION: ANLCA AND NAGAFF SWING INTO ACTION

© 2020

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