Evening recap: Nigeria offers shipowners $25 million, while refinery shares open to drivers, cooks and traders

The Federal Government plans to offer qualified Nigerian shipowners up to $25 million each through the Cabotage Vessel Financing Fund, in a move the government says could strengthen indigenous shipping and generate more than 30,000 direct and indirect jobs.

Marine and Blue Economy Minister Adegboyega Oyetola announced the plan. The initiative was one of several stories highlighted in The Punch’s evening roundup.

Dangote Industries Limited has also begun registering a proposed initial public offering for Dangote Petroleum Refinery and Petrochemicals FZE. Aliko Dangote said the offering would give drivers, cooks, traders, servants and managers an opportunity to own shares. He signed the registration documents on Monday.

The roundup reported that Tanzanian President Samia Suluhu Hassan’s husband, Hafidh Ameir Hassan, died on Monday while receiving treatment at a hospital in Zanzibar. Vice-President Deogratius Ndejembi officially announced the death, according to the BBC.

Nigeria’s Permanent Representative to the United Nations, Jimoh Ibrahim, meanwhile said President Bola Tinubu and members of his family faced no restrictions on their movement in the United States during the United Nations General Assembly. Ibrahim said the Nigerian Mission in New York had received no notification from the US government imposing such restrictions.