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Nigerian National Shipping Line information


Nigerian National Shipping Line
Company typeShipping line
Founded1959
Defunct1995
Headquarters
Lagos
,
Nigeria
OwnerNigerian government

The Nigerian National Shipping Line (NNSL) was established by the Nigerian government in 1959. Despite heavy investment and subsidies, the state-owned company was unable to compete with European lines. Much of the investment went to enriching the political elite.[1] Deeply indebted, the NNSL was liquidated in 1995 and all 21 of its vessels were sold.[2]

  1. ^ Zumerchik & Danver 2010, p. 640.
  2. ^ Next 28 August 2009.

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