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Dakuku Peterside, NIMASA Boss

• Nigeria to avoid wasting $100m yearly
Nigeria is on the verge of saving as a lot as $100 million yearly, because the Nigerian Maritime Administration and security Agency (NIMASA) took delivery of a floating dockyard in Lagos.

The facility, rated as Africa's fifth largest, was visibly seen on the Marina anchorage on Tuesday, as hope rises that it will promote native dry-docking and place Nigeria has hub for upkeep of ships. The facility is estimated to price about N49 billion.

The Head, Corporate Communications, NIMASA, Isichei Osamgbi, stated the company would subject a assertion to announce its arrival, however not prepared as at press time.

Director General, NIMASA, Dakuku Peterside, had earlier stated the floating dockyard would enhance ship restore capability and has the potential to rework Nigeria's maritime business, generate wealth and create employment.

The modular floating dockyard, measuring 125metres by 35metres with three in-built cranes, transformers and a quantity of ancillary amenities, is being constructed by one of the world's largest ship constructing corporations, Damen Shipyards and its accomplice, NIRDA, in Amsterdam, Netherlands.

NIMASA initiated the mission in 2013 however work began in 2014 earlier than it was halted. The present management of NIMASA then revisited the mission and ensured its delivery.

Peterside stated at present over 90 per cent of vessels working in Nigeria perform their dry docking abroad fretting away the a lot wanted international alternate at nice price to the nation.

He stated: "This will be a direct savings from the dry docking of vessels operating in Nigeria, which are mostly done outside the country at the moment. It is our desire to partner with the private sector to run the dockyard."

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