The Nigerian Maritime Administration and Safety Agency (NIMASA) has launched a renewed offensive to revitalize the nation’s shipbuilding and repair sector, aiming to halt the massive drain on foreign exchange. At a high-level stakeholders’ breakfast meeting held in Lagos recently, the agency revealed that Nigeria currently loses approximately $147.8 million annually to foreign shipyards for … Continue reading NIMASA Revitalizes Shipyard Strategy To Curb $148m Annual Capital Flight