Reps summon NIMASA DG, demand suspension of $700m disbursement for ships | TheCable

The resolution was passed during plenary on Tuesday, following the adoption of a motion sponsored by Henry Nwawuba, an All Progressives Grand Alliance lawmaker.operators in the maritime sector would get about $700 million to purchase ships.

While moving the motion, the lawmaker claimed that since the establishment of the CVFF in 2003, there is no record of any Nigerian citizen or company that has officially benefited from the fund as stated in the document. Subsequently, the house summoned Mu’azu Sambo, minister of transportation; and Jimoh to appear before the committee to provide details of the CVFF and “how the funds have been applied over the past 20 years”.

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