[size=16pt]Nigeria Approves $369m For Ship-Building Facility[/size]

October 24, 2013 Ehidiamhen Okpamen


VENTURES AFRICA – Nigeria has approved a N58.6 billion ($369 million) fund for the construction of a ship building facility in the Niger Delta region of the country.

The country’s Minister of Transport, Idris Umar, told reporters that an initial N40.2 billion ($253.2 million) will be provided for the delivery of maritime equipment, with a further N18.4 billion ($115.9 million) for civil and structural engineering works.

According to him, the project will be situated in Delta State – a move that strategically targets Nigeria’s oil industry.

He highlighted the manufacturing deficit present in the shipping industry, which, according to him, costs millions of dollars in overseas vessel acquisition.

“We have a very serious dearth in the ship building capacity in the country and it is, therefore, imperative that we develop the facility in order to curtail the incessant capital flight that is being experienced by the Nigerian economy.

“Annually, we have to be acquiring vessels and ships outside the country which is telling on the economy,” the minister explained.

Once completed, the facility will help reduce the amount spent on procuring ships from foreign manufacturers.

According to the minister, the project has the propensity to drive sustainable development and capacity building in Nigeria’s maritime sector. “It will also help Nigeria to take its rightful place among the developed maritime nations across the world,’’ the minister added.

The project is in line with the West African nation’s drive towards local production of ships and other maritime facilities.

Presently, Nigeria operates 6 ports – Lagos Port Complex and Tincan Island Port Complex, as well as that of Rivers, Delta, Calabar and Onne.

http://www.ventures-africa.com/2013/10/nigeria-approves-369m-ship-building-facility/

B4 some ppl go start 2 dey write rubbish here.let me kindly colonise this space for future reference.

^^ LOL

If by 2015 Nigeria remains as ONE and if by 2019 still ONE, then I can declare boldly before ALL that one day in the FUTURE, Nigerians will be grateful to have Goodluck Ebele Jonathan as PRESIDENT!

Sounds good for Nigeria and Nigerians because I can imagine its enormous advantages if the funds mapped out for this capital project is put into proper use....

I doubt any youth in the delta can ever complain of unemployment after the deployment of this facility in the region.

What more can I say ?

Nothing more than;

[size=18pt]FRESH AIR!![/size]

I de feel the fresh air.
Very soon some people will come and say it's Obasanjo or Yar'adua that started it or it's their idea and initiative, that GEJ is only taking credit for it

This source is nt reliable abeg

Fraudulent topic reported

Mods please change the desperate lies of rossik. From nigeria approves to johnatan builds.

All we need now is a picture.

oyb: Fraudulent topic reported

Mods please change the desperate lies of rossik. From nigeria approves to johnatan builds.

All we need now is a picture.

Na u know o

Jonathan bringin goodluck to Nigerians

oyb: Fraudulent topic reported

Mods please change the desperate lies of rossik. From nigeria approves to johnatan builds.

All we need now is a picture.

Did u notice the army of Gej loyalist who couldn't notice what you just pointed out?

How about building a medical center in your state?

Rossikk: I doubt any youth in the delta can ever complain of unemployment after the deployment of this facility in the region.

If the facility will ever be deployed. We are tired of these political gimmicks. That a fund has been created does not mean money is in it.

Na so we go hear am.dm no go complete am.pls wats d duratn of d contract

otokx:

If the facility will ever be deployed. We are tired of these political gimmicks. That a fund has been created does not mean money is in it.

Remember hyundai heavy?

Rossiks progenitor spammed us with that one. From a pipe fabrication yard became a shipyard

No word on whether it was ever completed

This is good for delta state, niger delta and Nigeria at large. I hope oga jona do more of ds to other part of d nation and the project should be transfer to private sector cos it may never function to it capacity and productivity under government managments.

To build and builds. Difference dey abeg

#GEJ fan with sense

oyb: Fraudulent topic reported

Mods please change the desperate lies of rossik. From nigeria approves to johnatan builds.

All we need now is a picture.

I'm here wondering why it is OK when Lagos approves something and it is said that Fashola Builds...... But totally absurd when Nigeria approves, Jonathan builds.

Is it that Fashola is an Architect and Jonathan is a Zoologist, hence Jonathan should not be building?? Is that the point you are trying to make? Cos I really don't get it. Learn English. Future present tense. And incase you dont know, budget approval is a huge part of a building process.


Haters of progress always angry when Jonathan chooses to do something great even when they would be beneficiaries.

A lot of deals has being signed in Federal Republic of Nigeria from Local Government, State Government down to Federal Government. What we need is more of reality than paper signing.

A welcome development and good news to graduate and undergraduate engineers.

God bless Nigeria.

PapaBrowne:

I'm here wondering why it is OK when Lagos approves something and it is said that Fashola Builds...... But totally absurd when Nigeria approves, Jonathan builds.

Is it that Fashola is an Architect and Jonathan is a Zoologist, hence Jonathan should not be building?? Is that the point you are trying to make? Cos I really don't get it. Learn English. Future present tense. And incase you dont know, budget approval is a huge part of a building process.


Haters of progress always angry when Jonathan chooses to do something great even when they would be beneficiaries.

Mr spin and spell of lagos benin expressway, go peddle your bs someplace else. It is doubtful there is even a concept of this shipyard, but you deceitful shameless liars are spamming us with stories of your man building a shipyard.

Is this the next stage in the lies of team gej? No more johnathan to , johnatgan signs mou, its now johnathan builds before the first drawing is even signed off

Pathetic cretins

PapaBrowne:

I'm here wondering why it is OK when Lagos approves something and it is said that Fashola Builds...... But totally absurd when Nigeria approves, Jonathan builds.

Is it that Fashola is an Architect and Jonathan is a Zoologist, hence Jonathan should not be building?? Is that the point you are trying to make? Cos I really don't get it. Learn English. Future present tense. And incase you dont know, budget approval is a huge part of a building process.


Haters of progress always angry when Jonathan chooses to do something great even when they would be beneficiaries.

Mr spin and spell of lagos benin expressway, go peddle your bs someplace else. It is doubtful there is even a concept of this shipyard, but you deceitful shameless liars are spamming us with stories of your man building a shipyard.

Is this the next stage in the lies of team gej? No more johnathan to , johnatgan signs mou, its now johnathan builds before the first drawing is even signed off

Pathetic cretins

PapaBrowne:

I'm here wondering why it is OK when Lagos approves something and it is said that Fashola Builds...... But totally absurd when Nigeria approves, Jonathan builds.

Is it that Fashola is an Architect and Jonathan is a Zoologist, hence Jonathan should not be building?? Is that the point you are trying to make? Cos I really don't get it. Learn English. Future present tense. And incase you dont know, budget approval is a huge part of a building process.


Haters of progress always angry when Jonathan chooses to do something great even when they would be beneficiaries.

Lagos to Build Medical Village

Lagos monorail to be completed in june2013 todays date is 25th october 2013

Lagos to buy back Lekki COncession another uncompleted Tinubu scam built at 4Bn per KM

Fashola completes 10MW 2 man carry at 300M perMW

APC nah waoh

Up GeJ!

Good to see that competent people have cleaned up the brazen effortless bs of the spin and spellers from aso rock.

No more duplicituos title from those who have failed so much that they can only make up stories. Rossik should find his way to naijastories.com he and papacolorofsheet are marginally good at fiction

I think this is a laudable idea and pray it sees the light of the day. Thumbs-up for Jonathan on this but please the Aviation industry needs help. God bless Nigeria!

APC Leaders Commission projects.

PDP Leaders promise projects.




That's the difference

#GEJ2015

Bpriest: How about building a medical center in your state?

Oga talk like some1 that is enlightened, shey Bayelsa has a Governor? Please direct that queston to d Governor of Bayelsa state

As they are approving for this, they should please approve for ASUU AND ASUP requestooooooo, all na part of development to Nija.