FG, Indian Firm Hold Talks on Shipbuilding

The management of an Indian firm, ABG Shipyard, has began talks with the Federal Government with a view to setting up a shipbuilding yard in the country. Though the exact location of the shipyard is yet to be chosen and approved, impeccable sources in the Presidency told THISDAY that two coastal towns in the oil and gas rich Niger Delta region and another one in Lagos are top on the list of sites earmarked for the multi-billion naira project.