 | |
| Company type | Shipping line |
|---|---|
| Founded | 1959 |
| Defunct | 1995 |
| Headquarters | , |
| Owner | Nigerian 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]
- ^ Zumerchik & Danver 2010, p. 640.
- ^ Next 28 August 2009.