The Minister of Marine and Blue Economy, Adegboyega Oyetola, announced in Lagos on Thursday that the Nigerian Maritime Administration and Safety Agency, in collaboration with maritime stakeholders, has finalized plans to disburse the $350 million (N525 billion) Cabotage Vessel Financing Fund.
Oyetola stated that the Nigerian Ports Authority port rehabilitation projects are expected to create over 20,000 jobs.
Oyetola made these remarks during an interactive session with editors of print media organizations in Lagos.