Nigeria has lost $1.25 billion to neighbouring countries between 2022 and June 2024 due to a lack of shipyards to dry dock their vessels.
Findings revealed that in 2022, 3,957 vessels; in 2023, 3,778 vessels and 2024, 251 vessels called at the nation’s seaports but some of the ships went for dry docking and repairs in Togo and Ghana as N50 billion modular floating dock acquired by the Nigerian Maritime Administration and Safety Agency (NIMASA) in 2018 failed to work.
Read more at Newtelegraphng
Findings revealed that in 2022, 3,957 vessels; in 2023, 3,778 vessels and 2024, 251 vessels called at the nation’s seaports but some of the ships went for dry docking and repairs in Togo and Ghana as N50 billion modular floating dock acquired by the Nigerian Maritime Administration and Safety Agency (NIMASA) in 2018 failed to work.
Read more at Newtelegraphng