Navy, Firm Sign MoU to Revamp Burutu Dockyard for Inland Water Transportation

Navy, Firm Sign MoU to Revamp Burutu Dockyard for Inland Water Transportation

The Nigerian Navy on Wednesday signed a partnership agreement with an Indegenous firm, Akewa Global Services Limited, to revive, upgrade and provide sea security at the dock facilities in the regional Sealink Inland Water Cargo transportation, in Delta state.

The signing was held through Nigerian Navy’s Navy Holdings Limited, at the Naval Headquarters, Abuja, to provide broad framework for Dockyard management and development of vessel repair, badge and light craft construction.

Speaking at the signing ceremony, the Chief of Naval Staff, CNS, Vice Admiral Awwal Zubairu Gambo said the project will develop the Burutu Port and utilize existing shipyard facility, as a force multiplier to the Nigerian Navy in ship maintenance and repairs.

The CNS said the partnership will establish Naval and Commercial Logistic bases in Burutu community, and enhance security operations, as well as increase maritime activities for both the oil and non-oil industries.

Gambo noted that the MoU is in line with the Presidential Executive Order 5 which allows government institutions to partner or engage reputable indigenous professional companies in Joint Venture relationships in realization of corporate objectives.

“This partnership with Akewa Global Services Limited stands to yield great benefits in Local Content Development in the areas of shipbuilding technology as well as other aspects of science and engineering,” he said.

In his remark, the Chairman of Akewa Global Service, Mr. Kenneth Donye said the partnership will revive the ageing dockyard with modern maritime facilities, movement of bulk cargo for non-oil exports, especially for solid mineral and agricultural commodities.

“We’re delighted with the presence of Naval security operation in the area which will destigmatize the community as a security prone area to attract both local and foreign investors.” he stated.

By PRNigeria