By Godwin Oritse
lagos—At the backdrop of a sustained economic recovery in the country, the Nigerian Maritime industry is projected to grow by between 2.5 percent and 5.0 percent in the next two years.
Revealing this yesterday at its maiden Nigerian Maritime Industry Forecast covering the period 2018 – 2019 in Lagos, Dr. Dakuku Peterside, Director General of NIMASA, said that Nigerians should expect total fleet size to grow by 4.08 percent in 2018 and 4.41percent in 2019.
However, the greatest growth in the sector is expected in oil & gas maritime operation where rig count is projected to increase by 27.7 percent in 2018.
According to NIMASA’s forecast non-oil tanker fleet size is projected to increase by 8.15 percent in 2018 and 8.72 percent in 2019, while oil tanker fleet size will decrease by 2.23 percent in 2018 and increase by 1.7 percent in 2019.
The forecast…
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