The Federal Government has reaffirmed its commitment to disbursing the Cabotage Vessel Financing Fund (CVFF) to boost Nigeria's maritime sector. This assurance was given by the Minister of Finance and Coordinating Minister of the Economy, Wale Edu… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader FG fast-tracks CVFF disbursement for maritime growth By Busola Bamidele on March 11, 2025 The Federal Government has reaffirmed its commitment to disbursing the Cabotage Vessel Financing Fund (CVFF) to boost Nigeria's maritime sector. This assurance was given by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, during a meeting with the Director-General of NIMASA, Dr. Dayo Mobereola. Edun emphasized that CVFF disbursement remains a priority, as it is expected to drive economic growth, create jobs, and strengthen Nigeria's maritime position in Africa. Dr. Mobereola added that the Ministry of Marine and Blue Economy considers the disbursement a key performance indicator for 2025. Read also: FG fast-tracks CVFF disbursement for maritime growth FACAN urged to boost soybean production for economic growth ITF launches 'Women at Sea' website to support female seafarers Nigeria poised to become africa's regional gas hub – NGA Osun boosts cooperatives, clears debts, sets up ministry To accelerate the process, the Finance Ministry will have a representative in NIMASA's CVFF committee. The fund, currently domiciled with the CBN, will be disbursed transparently to benefit contributors and stakeholders while fostering sustainable growth in the maritime sector.

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Dr. Victor Iyama, Chairman of the Board of Trustees at the Federation of Agricultural Commodities of Nigeria (FACAN), has called on stakeholders in the agricultural sector to collaborate with the government to enhance soybean production and increase far… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader FACAN urged to boost soybean production for economic growth By Busola Bamidele on March 11, 2025 Dr. Victor Iyama, Chairman of the Board of Trustees at the Federation of Agricultural Commodities of Nigeria (FACAN), has called on stakeholders in the agricultural sector to collaborate with the government to enhance soybean production and increase farmers' incomes. Highlighting the crop's growing demand across the livestock, poultry, and aquaculture industries, Iyama stressed the need for timely reforms to scale up production and exports. He noted that the soybean sector has the potential to significantly contribute to Nigeria's economy while creating job opportunities for youth in agribusiness. Read also: FACAN urged to boost soybean production for economic growth ITF launches 'Women at Sea' website to support female seafarers Nigeria poised to become africa's regional gas hub – NGA Osun boosts cooperatives, clears debts, sets up ministry Nigeria's tax reforms to boost SMEs, job creation, economic growth Despite challenges such as high input costs, low yields, and limited access to markets, he urged farmers to tap into global opportunities to boost productivity and income. Meanwhile, Olam Agri Nigeria's Managing Director, Anil Nair, reaffirmed soybean's role in food security and industrial applications. Speaking at a Kwara State equipment donation event, he emphasized Olam Agri's commitment to supporting farmers through initiatives like the Kwara State Soybean Sustainability Program and the donation of threshing machines to enhance productivity and profitability.

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The International Transport Workers' Federation (ITF) has launched the Women at Sea website to promote the inclusion and advancement of women in the maritime industry. The platform, introduced on March 7, 2025, by ITF affiliates, aims to build a g… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader ITF launches 'Women at Sea' website to support female seafarers By Busola Bamidele on March 11, 2025 The International Transport Workers' Federation (ITF) has launched the Women at Sea website to promote the inclusion and advancement of women in the maritime industry. The platform, introduced on March 7, 2025, by ITF affiliates, aims to build a global network for female seafarers while emphasizing the importance of trade union membership. During the launch webinar, industry experts and female seafarers shared insights on fostering inclusivity in maritime. Chief Engineer and Fleet Manager Elisza Chomi highlighted the need for continuous learning, especially with the rise of green technology and larger vessels. A Maersk representative addressed the ongoing need for safer protective gear in gender-appropriate sizes, vessel design improvements, and training on handling workplace challenges. ITF Maritime Coordinator Jacqueline Smith chaired the session, joined by IMO Secretary-General Arsenio Dominguez. Additionally, a 24/7 helpline by Sailors' Society was announced, providing female seafarers with confidential support from female professionals.

SMALL BUSINESS INSIGHTS © 2025. Manage your email settings or unsubscribe. Get the Jetpack app Subscribe, bookmark, and get real‑time notifications - all from one app! Automattic, Inc. 60 29th St. #343, San Francisco, CA 94110