• Nigeria to save $100m yearlyNigeria is at the verge of saving as much as $100 million dollars yearly, as the Nigerian Maritime Administration and safety Agency (NIMASA) took delivery of a floating dockyard in Lagos. Director General, NIMASA, Dakuku Peterside, had earlier said the floating dockyard would boost ship repair capacity and has the potential to transform Nigeria’s maritime industry, generate wealth and create employment. NIMASA initiated the project in 2013 but work started in 2014 before it was halted. The current leadership of NIMASA then revisited the project and ensured its delivery. He said: “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.

Source: The Guardian June 14, 2018 04:07 UTC