Greek investors to construct ship building plants in Niger Delta

Cyril Okonkwo, Abuja

Special Adviser to the President on Niger Delta and Coordinator, Amnesty Programme, Prof. Charles Dokubo (3rd left) and the Greek experts

Greek investors say they will set construct a ship-building plant in the Nigeria Delta Region of Nigeria.

They will also train youths in the region in fishing.

Senior Special Assistant to the President on Niger Delta Affairs, Edobor Iyamu, stated this on Thursday after a meeting with a delegation of Theo-Man Limited, a Greek firm, at the State House.

New vision policy
The presidential aide said that the move by the investors was in tandem with the Nigerian government’s new vision policy which was a forthright partnership between it, state governments, private sector and the local communities.

“We have a group of investors from Greece. They have come in to do a number of things in the Niger Delta Region; to train a good number of the ex agitators; to give them skills in fishing and ship building and other benefits that will come with them. 

“They partnered with the Presidential Amnesty Office and the whole idea is to set a ship building outfit where they will be training a lot of delegates from ex-agitators in ship building and fishing,’’ he explained.

Iyamu said the company went through the Economic Recovery and Growth Plan (ERGP) focus lab and they were rated first star which meant they did very well in their rating.

“When investors begin to come to a country, it means they found the economy of that country attractive; it is a very positive for the country that we have investors coming in to show that they believe in what this administration is doing; they are comfortable with the level of peace and calm in the region which has been on for a very long time,” he stressed.

Iyamu commended President Muhammadu Buhari for sustaining the amnesty programme.

He also commended the people of the Niger Delta region for believing in the administration and for ensuring that peace and calm was maintained as there would be no development in the region without peace.

Iyamu said that the Nigerian Government was committed to ensuring that that region was transformed for the better.

The Managing Director, Theo-Man Limited, Mr George Theodorou said that that the firm had been working on the idea for two years before coming up with a solution which they brought to their partners. 

“This project consists of three parts; the education of 2,500 people, the second on is the construction of 100 boats; the third is the management-teaching the people how to do it, we also find the clients,” Mr Theodorou stated.

Also speaking, Chairman, Concept Amadeus, the Lead Consultant on the project, Mr Patrick Osobase said that Memorandum of Understanding on the project was signed in December 2017.

The project would train 2,500 delegates from ex-agitators and would employ about 2000 of them in the Special Purpose Vehicle (SPV) that was being created for the project.

Mr Osobase said that the project would last for a period of 25 years period.

“The initial phase of the project is to set up the fishing aspect of it, two boats and two trawlers with the input of the ERGP,’’ he stressed.

Mr Osobase said the company would build the vessels in Nigeria instead of bringing them from other countries.


Mercy Chukwudiebere