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After 5 years of idleness, NIMASA’s N50b floating dock finally berths at rented NPA’s Continental Shipyard for operations
The Eyewitness Reporter

“The Nigerian Maritime Administration and Safety Agency, (NIMASA) has taken over areas leased to it by the Nigerian Ports Authority (NPA) at the Continental Shipyard for the operations of the Modular Floating Dock.”The areas include but are not limited to the dolphin jetty, the waterfront of the jetty adjourning the slipway, an administrative block, a construction, welding and mechanical workshop and a civil maintenance workshop, among others” stated Osagie.
During the handover ceremony, the Director General of NIMASA, Dr. Bashir Jamoh, said that the handover of the Continental Shipyard to NIMASA marks the final lap in the quest of the Agency to deploy the modular floating Dockyard.
Jamoh , who was represented by the Head, Public, Private Partnership, (PPP) Unit Mr. Kabiru Diso , assured stakeholders that the Modular Floating Dockyard would soon be deployed since all grey areas between NIMASA and the NPA have been cleared.
“The Modular Floating Dockyard is a national asset and now that all grey areas between the NPA and NIMASA have been addressed, we are very close to deploying the Modular Floating Dock.
“Our goal is to domicile dry-docking of vessels in the country thus saving the nation foreign exchange currently expended on dry-docking vessels outside the shores of Nigeria.
“The floating Dock will also provide both direct and indirect employment to Nigerians with a multiplier effect on capacity development,” he said.
The Infrastructure Concession and Regulatory Commission, (ICRC) had issued a certificate of compliance for an Outline Business Case (OBC) for the operation of the floating dock, while also describing it as bankable and sustainable.
The Modular Floating Dock, which has the capacity to handle up to 10,000 Metric Tons of vessels, would be run on a Public Private Partnership arrangement.
The modular floating dock acquired by the Nigerian Maritime Administration and Safety Agency (NIMASA) on June 11, 2018, was said to be allegedly on a daily maintenance cost of $30, 000
The floating dock, conceptualised and acquired by the Dakuku Peterside-led administration, was expected to serve as a maintenance base for visiting vessels and those domiciled in the country, with aspirations to save about $100m yearly in capital flight; generate employment, and boost local capacity.
NIMASA is eyeing an eye-popping sum of N 1 billion monthly as revenue.
The facility, measuring 125 metres by 35metres, with three in-built cranes, transformers, and a number of ancillary facilities, was built by one of the world’s largest shipbuilding firms, Damen Shipyards, and its partner, NIRDA, in Amsterdam, The Netherlands, at a cost of N50b.
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