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Three years after, N50bn NIMASA floating dock remains idle, untested Three years after, N50bn NIMASA floating dock remains idle, untested
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When, in 2018, the management of NIMASA procured a floating dock for about N50bn, it was expected to generate N1 billion monthly or N12 billion yearly, when fully operational. Three years down the line, the Floating Dock has remained idle, virtually doing nothing, writes TOLA ADENUBI.
First introduced in the 1990’s, the floating dock system quickly rose in popularity, thanks to its durability and configurations. Among some few features that have helped the floating dock stand out include, but are not limited to, its easy and quick installation/assembly pattern; ability to perfectly adjust to different water levels caused by tides or seasonal variations, floods, droughts; its fully configurable and adaptable system which can be anchored in any body of water and attached to any existing structure, no matter the conditions; its ability to
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