CABOTAGE VESSEL FINANCING FUND (CVFF)
The CVFF is an intervention fund created by the Federal Government of Nigeria (FGN) for the development of indigenous shipping capacity, by providing funds for vessel maintenance and acquisitions among indigenous operators. Also, to ensure that the maritime sector could compete globally. To achieve these objectives certain measures needed to be put in place including adequate funding, monitoring, and adequate & efficient administration.
The CVFF coordinate funds as it relates to indigenous shipowners and any other incidental activities that evolved around indigenous shipping.
