NIWA increases revenue from N1 billion to N11 billion; becomes self-reliant.
NIWA increases revenue from N1 billion to N11 billion; becomes self-reliant.
Segun Oladipupo
The National Inland Waterways Authority (NIWA) has said that it has increased the revenue generation of the agency from N1 billion to N11 billion since the administration of the incumbent Managing Director/Chief Executive Officer, Dr. George Maoghalu
In a statement by the Jibril Darda’u, General Manager, Corporate Affairs of NIWA, the increase in revenue has made the Authority to be self-reliant in personnel cost and pulling out from the IPPIS.
According the the agency, another milestone achievement is the successful concessioning of Onitsha River port which it stated was built in the Second Republic during the Administration of Alh. Shehu Shagari and laid dormant until during the Jonathan’s Administration when it was rehabilitated and commissioned without putting it into use.
The statement further stated that with the efforts of George Moghalu as MD of NIWA, he was able to break the Jinx and successfully completed the concessionning process and handed over the port to Elysium Consortium Limited which is now in operation and yielding economic value to the nation.
“A very important high point of Moghalu’s Administration has been the resuscitation of projects that had been in comatose for decades. This includes Lokoja River port, Oguta River port, Construction of Jetties and refurbishing of old ones for the benefit of Nigerians.
On the efforts on waterways safety, the release said that since Moghalu’s Administration, relentless efforts had been made at sensitizing boat operators and passengers, Training of boat operators in Port-Harcourt, Warri and Lagos, and the program is continuing in other states and enforcement of all safety protocols.
“Free distribution of Life Jackets to boat Associations, recruiting water marshals to enforce our safety guidelines, search and rescue stations in Eleven (11) locations and the procurement of patrol boats.
“For avoidance of doubts and in order to enlighten the General Public on the Landmark achievements recorded under George Moghalu.
He highlighted that umin his four years in office the agency carried out numerous training, constituted jetties in Anambra, Bayelsa, Lagos, prosecuted offenders, commissioning of ferries, among others feats.
The MD was said to have also engaged stakeholders to invest in the sector.
