Nigeria: NIMASA to Generate N12 Billion Annually From Floating Dock Yard

22 June 2020

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.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.