 A business leaves now the Sheep Owners Association of Niger and a former Director-General of the Nigerian Maritime Administration and Safety Agency, NIMASA, DEMISO, or MASHAE, have demanded the probe of the 195 million-dollar carbotage vessel's financing fund. The fund is sourced from a 2% contribution by indigenous sheep owners from every contract executed in the nation's waters. However, the fund which is in the purview of NIMASA has never been disbursed. According to a former NIMASA Digi, DEMISO MASHAE, the reason needed for the CVFF account to be audited, he added that the guidelines for the disbursement of the fund also needs to be worked on. In 2003, the CVFF was inserted in the Coastal and Inland Shipping Act of 2003, also known as the Cabotage Act of 2003 to provide indigenous sheep operators with funds for vessel acquisitions. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.