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Nigerian Maritime Administration and Safety Agency (NIMASA) says the proposed national shipping line will be managed on a Public-Private Partnership (PPP) basis.
The Director General of NIMASA, Mr Peterside Dakuku, disclosed this to reporters on Monday in Lagos State, southwest Nigeria.
Making clarifications on the proposed national shipping line, Mr Dakuku said funding of the national carrier would come from the private sector.
He also stated that Nigeria has signed to several protocols that would help detect, rid and tackle pirates as well as security breaches on its waterways. (Channels TV)
•Photo shows NIMASA DG Dakuku Peterside.