Transport, Finance Minsters bicker over disbursement of N136.5bn CVFF

By Steve Agbota                                    [email protected]

A directive by President, Muhammadu Buhari and that of the Attorney-General of the Federation, Abubakar Malami, that the controversial Cabotage Vessels Financing Fund (CVFF) should be released to target beneficiaries is threatening the relationship between the Minister of Transport, Rotimi Ameachi and Finance Minister, Zainab Ahmed.

Daily Sun learnt that while the Transport Minister, Amaechi wants the fund, which is in the region of N136.5 billion speedily released to indigenous ship owners, the Finance Minister, Ahmed is completely opposed the idea, insisting that that the fund is a public fund not private fund and it

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