Nigeria: Eight Years After, NIMASA's Floating Dock Idle, Accumulates N127.6bn Maintenance Bill

Source: AllAfrica Global Media · 2026-11-12T05:53:12.000Z · Business

[Daily Trust] The Federal Government's N50bn investment in the Nigerian Maritime Administration and Safety Agency's (NIMASA) modular floating dock has come under scrutiny, with industry estimates putting its accumulated maintenance and related costs at N127.6bn, eight years after the facility was delivered but remained largely unused, Daily Trust can report.

This page presents the available publisher summary.