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ICRC gives NIMASA green light to deploy N50b modular floating Dock

Speaking while receiving the Certificate of Compliance, Director General of NIMASA, Dr. Bashir Jamoh, said the Modular Floating Dockyard was a national asset.
He also said issues, such as security, accessibility, and existing complementary infrastructure on ground were considered in the development of a business case for the dockyard, which will be managed on a PPP basis with NIMASA and the Nigerian Ports Authority (NPA), on the one hand, and a management company, on the other.

NIMASA Floating Dock
Dr. Jamoh stated, “It is one thing to have the Modular Dockyard, and another for it to enjoy the patronage and be a profitable venture for government.
“Detailed investigation has also confirmed that the dockyard cannot berth at an area earlier proposed for it.
The Director-General stated that the seeming delay in the deployment of the Floating Dockyard was due basically to the fact that attention was being paid to details to ensure due diligence, compliance with due process and the eventual durability of the project when it becomes operational.
“The floating dockyard is a national asset and we consulted the ICRC, which is the regulatory agency of government, to review the process of deployment to confirm that it is a worthwhile investment on a PPP arrangement, and today they have confirmed to us that we are on the right path,” Jamoh added.
Ohiani also described the Floating Dockyard as a profitable investment by the government.
He stated, “The project is bankable and sustainable. The Nigerian government will get value for money in the project.
Freight Monitor
President Buhari to commission multi-billion naira Dala Inland dry port Monday –Ahmad Rabiu

Freight Monitor
CRFFN rejects re-appointment bid of ousted Sam Nwakohu


that arrangement for the Registrar’s handover to Mrs. Chinyere Uromta Director, Regulations and Enforcement on 31st of January 2023.
Headlines
Transportation ministry inaugurates project committee for Ondo, Benin seaports



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