The Navy shipyard Limited was established on 2 April 1990 as a strategic asset to function as a force multiple and as maintenance facility for Nigerian navy vessels in support of naval operations. Subsequently, the Navy Shipyard was mandated to operate commercially for her to sustain naval operations and maintain the staff inherited from the former owners.

Notwithstanding its challenges, NSL has contributed significantly to the operation of the Nigerian Navy as well as development Nigeria’s maritime sector. The Navy Shipyard has also development human capacity through employment and training of Nigeria Navy personnel and civilians. Consequently, the Navy Shipyard is in good stead to support Nigerian Navy operations, develop indigenous capacity for shipbuilding and maintenance as well as support the growth of Nigeria’s maritime sector.