Plans For Shipyard Set To Boost Nigeria’s Maritime Sector

Nigeria Shipyard
Shipbuilding in Nigeria could become a lucrative business

AFRICANGLOBE – In a bid to revive the Nigerian maritime sector, the federal government of Nigeria has revealed plans to build a shipyard in the country.

The shipyard when completed is expected to generate employment for youths and ultimately improve the nation’s economy, while arresting capital flight that would, in turn, bolster the country’s economy as new ships and ship docking services would be available in the country.

The project which has received approval from necessary authorities will also have facilities for dry docking ocean vessels.

Director-General, Nigerian Maritime Administration and Safety Agency, Patrick Akpobolokemi, said the establishment of the new shipyard is expected to drive sustainable development and step up capacity building in the maritime sector of the economy so that Nigeria can be a strong force in the maritime sector globally.

“We will not only build ships, with a facility for dry docking in the shipyard, we are bringing in the private sector because we want to avoid the pitfall that goes with government single handedly handling this kind of business.”

“Our belief is that if it is successfully completed and managed, we will not only create employment opportunities but also arrest capital flight as many vessels calling in Nigerian ports will now have a facility for dry docking instead of going elsewhere to do it.”

Aside generating employment and improving the nation’s economy; Akpobolokemi said the new venture is expected to also enable cadets from the Maritime Academy of Nigerian (MAN), Oron, Akwa-Ibom to have opportunity for practical training experience during their sea time.