Post by Henry Emeka (@Emekus)

Why the vessel is still not completed (2010 → 2026) A 16‑year construction timeline is abnormal.

The delays come from:

Stop‑start funding cycles

Dependence on foreign parts

Limited local shipyard capacity

Redesigns and upgrades mid‑project

Procurement inefficiencies

These factors stretch a 3–5-year project into a 10–20 year one.

Bottom line Nigeria has invested billions of naira into naval shipbuilding since 2010.

The exact amount is not publicly disclosed.

The money is fragmented, opaque, and spread across many years, making it impossible to track without internal audits.

The long delay is due to systemic issues, not one missing payment.

What we do know about investment in Nigerian Navy shipbuilding
No official document lists a single total figure, but multiple Nigerian defence budgets and naval procurement reports show:

The Navy receives ₦150–₦250 billion per year (varies by year).

A portion of this goes to capital projects, including shipbuilding.

Indigenous shipbuilding projects like the Seaward Defence Boats have received multi‑year allocations, but the exact amounts are not itemized publicly.

Nigeria does not publish line‑by‑line spending for naval construction, which is why the total investment is unknown.

https://businessday.ng/news/article/nigerian-navy-builds-five-indigenous-vessels-expands-shipyard-capacity/?utm_source=copilot.com

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