The Federal Government has commenced a feasibility study for the construction of a shipyard in Brass Island, Bayelsa State. Bayelsa Nigeria
The Minister of State for Petroleum Resources, Timipre Sylva, who chaired the kick-off meeting, hinted that the project would be executed by China Harbour Engineering, which had carried out similar tasks across the globe as well as in Nigeria.
According to the Minister, the high traffic of vessels in and out of Nigeria provides a huge opportunity to retain substantial value in-country through the provision of dry-dock services. He added that the project would also benefit from the upcoming implementation of the Africa Continental Free Trade Agreement , as Nigeria could serve as a hub for ship-building and repairs.
He confirmed that the project was being driven by the NCDMB in conjunction with NLNG, as a Capacity Development Initiative , on the back of the Train 7 Project.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PENGASSAN commences 3-day warning strikeMembers of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) in the Federal Ministry of Petroleum, on Wednesday, embarked on three d
Read more »
Yobe commences COVID-19 testing in 98-capacity Molecular Lab - Daily Post NigeriaYobe State COVID-19 Committee on Prevention and Control has disclosed that the state has now commenced Coronavirus sample collection and testing as 67
Read more »
NEDC to execute 224 projects in 112 LGAs in North EastNEDC says the 224 projects will be executed under the Rapid Response Intervention.
Read more »
LEAP Africa Announces Youth Day of Service, Set to Rally Youth for the SDGsThe campaign will feature different projects championed by young people in various communities across Nigeria..............
Read more »
UITH: Resident doctors begin 3-day warning strike - Daily Post NigeriaThe Association of Resident Doctors (ARD), University of Ilorin Teaching Hospital (UITH) on Tuesday commenced a three-day warning strike over an alleged
Read more »
UITH: Resident doctors begin 3-day strike over alleged assault on memberThe Association of Resident Doctors (ARD), University of Ilorin Teaching Hospital (UITH) Chapter, on Tuesday, commenced a three days warning strike over alleged
Read more »