ADVERTISEMENT
The Moment Nigeria
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport
No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport
No Result
View All Result
The Moment Nigeria
No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport

NIMASA’s floating dockyard commences operation soon, says Jamoh

by Usman Kadri
January 29, 2022
Reading Time: 2 mins read
NIMASA's floating dockyard commences operation soon, says Jamoh
Share on FacebookShare on TwitterShare on WhatsappShare on LinkedIn

The Nigerian Maritime Administration and Safety Agency (NIMASA) said its N50 billion modular floating dockyard will become operational before the end of the first quarter of 2022.

Director General of NIMASA, Dr. Bashir Jamoh, who made this known during a media parley in Lagos on the agency’s 2021 scorecard and projections for 2022, assured stakeholders of the agency’s commitment towards putting the floating dock to use.

He said: “We expect before the end of the first quarter the floating dock to be operational. However, we don’t want to operate it by government or NIMASA alone but for Public Private Partnership. As usual, the issue of privatisation of any government property is not a product but a process.

RELATED STORIES

Alleged $101m debt: Absence of Orjiakor’s Lawyer, stalls hearing on Access Bank’s bankruptcy suit

Access Bank demonstrates leadership at Climate Governance Initiative launch

July 1, 2025
Dangote crashes petrol ex-depot price to N840 as more marketers join partnership deal

Dangote crashes petrol ex-depot price to N840 as more marketers join partnership deal

July 1, 2025

“The DG of the Infrastructure Concession Regulatory Commission (ICRC) was here to give us the first certificate, telling us that privatising the modular floating dock is profitable and doable, and they gave us the go ahead to do that.

“We have gone ahead to do negotiations with the Managing Partner, the Nigerian Ports Authority with the provision of Continental Shipyard. We expect that by the middle of February, we will get the final no-objection certificate,” he said.

The NIMASA boss further explained that the privatisation of the floating dock must be approved by the Federal Executive Council (FEC) because it is a national asset and that the move was necessary because the federal government cannot bear the cost implications alone.

“When it is privatised, the managing partners can decide and move it to the proper position it should be. Operationality of the floating dock would be taken over by foreigners to service it before the approval of the FEC,” he added.

While giving a breakdown of some of the agency’s achievements in 2021, Jamoh revealed that it made a payment of N37.69 billion to the Consolidated Revenue Fund (CRF) in 2021, a figure higher than the N31.83 billion it contributed in 2020.

“In 2020, the agency contributed to the consolidated revenue account by paying N31,839,917,978.20. Despite the pandemic, we also went ahead to increase the amount we paid in 2021 with a total amount of N37,691,630, 450.22,″ he said.

On the flag state control, which deals with survey and inspection of vessels in accordance with the safety requirements of the Merchant Shipping Act 2007, the DG stated that a total of 489 vessels were surveyed in 2021, indicating a 43.6 per cent increase from that of 2020 which was 276 vessels.

According to him, it is an indication of the maritime administration’s seriousness in terms of flag state survey, noting that for the port state control functions of NIMASA, a total of 429 foreign vessels were boarded to ensure that each vessel maintained safety, pollution standards while at Nigeria’s ports and waters.

Jamoh also mentioned the progress made with the Deep Blue Project (Blue Economy), as well as the success recorded in the area of maritime safety and security, where Nigeria experienced the least attack on its waters in the last 28 years which was made possible through collaborations with sister government agencies, amongst many others.

Next Post
Police officers under investigation for extortion, harassment

Police arrest teenagers for ‘beheading girlfriend for money rituals’

More Articles...

Alleged $101m debt: Absence of Orjiakor’s Lawyer, stalls hearing on Access Bank’s bankruptcy suit

Access Bank demonstrates leadership at Climate Governance Initiative launch

July 1, 2025
Dangote crashes petrol ex-depot price to N840 as more marketers join partnership deal

Dangote crashes petrol ex-depot price to N840 as more marketers join partnership deal

July 1, 2025
FirstBank unveils advanced Facial Biometric Technology on FirstMobile for seamless user enrollment and device activation

FirstBank unveils advanced Facial Biometric Technology on FirstMobile for seamless user enrollment and device activation

July 1, 2025
Ojude Oba 2025 garners over 124m global media impressions, says P+ Measurement report

Ojude Oba 2025 garners over 124m global media impressions, says P+ Measurement report

July 1, 2025
Ecobank Nigeria unveils new Premier Branch on Victoria Island, Lagos

Ecobank launches InnovateX Youth Competition to empower Africa’s next generation of creators and tech entrepreneurs

July 1, 2025
Stanbic IBTC Bank Nigeria PMI: Output growth slows but business confidence rises sharply

Stanbic IBTC Bank Nigeria PMI: Output growth slows but business confidence rises sharply

July 1, 2025

STANBIC IBTC ADVERT

About Us

Themomentng.com is an online community of reporters and social advocates dedicated to bringing you features, news reports by Africans, but from a global perspective.

Contact Us

+447771081433
+2348051966180(WhatsApp/SMS Only)
Email: themomentng@gmail.com

Categories

  • Business
  • Education
  • Entertainment
  • Events
  • Featured
  • Food
  • Foreign
  • Health
  • Interviews
  • Life and Styles
  • Metro
  • Motoring
  • News
  • Opinion
  • Politics
  • Religion
  • Society
  • Sport
  • Technology
  • Top Story

Follow Us

Facebook Twitter Instagram

Copyright © Themomentng.com. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport