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About: Nigerian National Shipping Line     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:SocialGroup107950920, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: Thingcompanyschema:Organizationdul:Agentdul:SocialPersonagentwikidata:Q24229398OrganizationBusiness enterpriseyago:WikicatShippingCompaniesyago:Abstraction100002137yago:Company108058098yago:Group100031264yago:Institution108053576yago:Organization108008335yago:YagoLegalActoryago:YagoLegalActorGeoyago:YagoPermanentlyLocatedEntityorganisationyago:ShippingCompany108003717yago:SocialGroup107950920 New Facet based on Instances of this Class

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.Deeply indebted, the NNSL was liquidated in 1995 and all 21 of its vessels were sold.