Deprecated: Function create_function() is deprecated in /home/tellng/public_html/wp-content/themes/dw-focus_1.0.6_theme/inc/widgets/dw-focus-categories.php on line 404

Deprecated: Function create_function() is deprecated in /home/tellng/public_html/wp-content/themes/dw-focus_1.0.6_theme/inc/widgets/dw-focus-recent-posts.php on line 495

Deprecated: Function create_function() is deprecated in /home/tellng/public_html/wp-content/themes/dw-focus_1.0.6_theme/inc/widgets/dw-focus-recent-posts.php on line 496

Deprecated: Function create_function() is deprecated in /home/tellng/public_html/wp-content/themes/dw-focus_1.0.6_theme/inc/widgets/dw-focus-recent-posts.php on line 497

Deprecated: Function create_function() is deprecated in /home/tellng/public_html/wp-content/themes/dw-focus_1.0.6_theme/inc/widgets/dw-focus-slider.php on line 247

Deprecated: Function create_function() is deprecated in /home/tellng/public_html/wp-content/themes/dw-focus_1.0.6_theme/inc/widgets/dw-focus-carousel.php on line 197

Deprecated: Function create_function() is deprecated in /home/tellng/public_html/wp-content/themes/dw-focus_1.0.6_theme/inc/widgets/dw-focus-tabs.php on line 114

Deprecated: Function create_function() is deprecated in /home/tellng/public_html/wp-content/themes/dw-focus_1.0.6_theme/inc/widgets/dw-focus-accordion.php on line 65

Deprecated: Function create_function() is deprecated in /home/tellng/public_html/wp-content/themes/dw-focus_1.0.6_theme/inc/widgets/dw-focus-latest-headlines.php on line 144

Deprecated: Function create_function() is deprecated in /home/tellng/public_html/wp-content/themes/dw-focus_1.0.6_theme/inc/widgets/dw-focus-latest-comments.php on line 100

Deprecated: The called constructor method for WP_Widget class in dw_focus_categories_Widget is deprecated since version 4.3.0! Use __construct() instead. in /home/tellng/public_html/wp-includes/functions.php on line 6078

Deprecated: The called constructor method for WP_Widget class in dw_focus_tabs_Widget is deprecated since version 4.3.0! Use __construct() instead. in /home/tellng/public_html/wp-includes/functions.php on line 6078

Deprecated: The called constructor method for WP_Widget class in dw_focus_accordion_Widget is deprecated since version 4.3.0! Use __construct() instead. in /home/tellng/public_html/wp-includes/functions.php on line 6078
NIMASA To Privatise Modular Floating Dockyard - TELL Magazine

NIMASA To Privatise Modular Floating Dockyard

Dr. Bashir Jamoh
Dr. Bashir Jamoh, Director General of NIMASA

There are indications that the controversial Modular Floating Dock acquired by the Nigerian Maritime Administration and Safety Agency, NIMASA in 2018 will commence operations before the end of this year. This hint was dropped over the weekend by Dr. Bashir Jamoh, director general of the agency during a media parley. He was briefing media men on the activities of his agency in the past year. According to him, the usage of the dock would be done through a public/private arrangement.
While explaining the delay in putting the facility to use since its acquisition in 2018, Dr. Jamoh said it was because other agencies of government were involved. He stated that the delay was necessitated by the involvement of the Infrastructure Concession and Regulatory Commission, ICRC, which is concerned with the privatization of government property.
The confidence of the agency derived from a recent development that saw the agency receiving a certificate of approval from ICRC to privatize the modular dry-dock. Mr. Michael Ohinai, acting director of the Commission had in September last year led a team to NIMASA headquarters in Lagos to present the certificate. He said then that “The project is bankable and sustainable.”

nimasa


Dr. Jamoh informed the media men that when the operation begins, the country would be saving about N36 billion annually in capital flight. That is the amount that would have been paid to foreign companies to dry-dock vessels operating into Nigeria. This is because it costs between $300,000 to $500,000 to dry-dock a vessel in the international market.
On the performance of NIMASA, Dr. Jamoh also informed the media men that the agency generated N31.8 billion in 2020. It hopes to increase its contribution to national covers with the anticipated privatization of the modular dry-dock.

Follow Us on Social Media


Notice: Trying to access array offset on value of type null in /home/tellng/public_html/wp-content/themes/dw-focus_1.0.6_theme/functions.php on line 1037

Notice: Trying to access array offset on value of type null in /home/tellng/public_html/wp-content/themes/dw-focus_1.0.6_theme/functions.php on line 1037

Notice: Trying to access array offset on value of type null in /home/tellng/public_html/wp-content/themes/dw-focus_1.0.6_theme/functions.php on line 1037

Notice: Trying to access array offset on value of type null in /home/tellng/public_html/wp-content/themes/dw-focus_1.0.6_theme/functions.php on line 1037
Top
Share
Share
error: Content is protected !!
+
WhatsApp WhatsApp us