Cabotage Vessel Financing Fund
Crude Deal Fallout: Dangote Refinery Shuns Nigerian Ships, Triggers Uproar
The Dangote Petroleum Refinery, Africa’s largest single-train oil refining complex, has come under scrutiny for sidelining Nigerian-owned vessels in favour of foreign-operated fleets—particularly Angolan ships—for the transportation of crude oil and refined products. This development has ignited a wave of criticism from stakeholders in the Nigerian maritime and oil logistics sector, who argue that the […]
Agents Urge Credit Check on Shipowners Before Cabotage Fund Access
In a bold move to ensure transparency and accountability in the maritime sector, the African Association of Professional Freight Forwarders and Logistics (APFLON) has formally urged the Federal Government to mandate a thorough verification of shipowners’ credit ratings before disbursing the long-delayed Cabotage Vessel Financing Fund (CVFF). This development follows recent directives by the Minister […]