Oluyinka Onigbinde
The Nigerian Maritime Administration and Safety Agency (NIMASA), on Tuesday, issued 72 hours ultimatum to Primary Lending Institutions (PLIs), to release modalities for the disbursement of $350m Cabotage Vessels Finance Fund (CVFF).
The PLIs that were approved for the disbursement of the fund are: Zenith, Polaris, United Bank of Africa (UBA) Jaiz and Union bank.
……. Details later