NIMASA gets N17.47bn FEC Approval, to Relocate Head Office to VI

Rotimi Amaechi, Minister of Transportation

The Federal Executive Council (FEC) has approved the sum of N17.47 billion for the acquisition of a property in Victoria Island, Lagos, to serve as the new headquarters of the Nigeria Maritime Administration and Safety Agency (NIMASA).

The Minister of Transportation, Rotimi Amaechi, who disclosed this in Abuja said, “The council approved the purchase of Kanti Towers, located at 35, Adetokunbo Ademola Street, Victoria Island, Lagos, for the new headquarters of Nigeria Maritime Administration and Safety Agency (NIMASA). The purchase is in the sum of N17,471,005,130. 54 inclusive of 7.5 percent tax.”

He said the new office complex is a 16-story building “consisting of the latest technology fittings and a helipad and a parking bay for over 100 cars”.

The NIMASA headquarters is currently located at 4, Burma Road, Apapa, Lagos while the Kanti Towers which is going to be the new office is owned by a former Chairman of the defunct Skye Bank, Tunde Ayeni.

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