The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh has stated that the N50 billion floating dock acquired by NIMASA is expected to generate N1 billion monthly or N12 billion annually when work on it is concluded.
The multi-billion naira floating dock was acquired by the agency in 2018 as part of efforts to reposition the nation's maritime industry to international standard and boost revenue.
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