Inland Waterways Cash Cow Long Overdue For Harnessing-Transport Minister

TRANSPORT MINISTER AND INLAWND WATERWAYS

LAGOS SEPTEMBER 16TH (NEWSRANGERS)-The Minister of Transportation, Mu’azu Jaji Sambo, has described the nations Inland Waterways as cash cows long overdue for harnessing, as it abounds with economic potentials capable of revolutionizing the country’s Gross Domestic Product. 

The Minister made this known today in Abuja at the inauguration of the Technical Working Group (TWG) Proposal for Channel Manaagement between Escravos, Onitsha and Baro Port on the Niger River on Public Private Partnership (PPP) Arrrangement. 

Speaking further, Sambo said: “Providence has challenged me to put into reality what I went to China to pursue as an employee of National Inland Waterways Authority,NIWA. I went to China, 2016, 2017 and 2018. In my own case, I was marketing the water front lands owned by NIWA and we zeroed on the Marina NIWA Area Office with proposal to reclaim that land to build a container terminal as well as passenger terminal for people passing through Apapa”.

According to him, the idea was that when containers come into Lagos, you don’t have to discharge those meant for Onitsha in Lagos, but transport  them in barges or vessels that can transverse low draughts to Onitsha port  to be picked by vehicles for distribution in the hinterlands

“The primary objective is to invest, maintain and operate a high grade Inland  Waterways channel between Baro River Port point to Onitsha River Port to the Warri Port at the Niger River and onward connection to the Gulf of Guinea for a sustainable maritime transportation route and lay a solid foundation for navigation network that would connect the Lagos ports, Lekki Deep Seaport with the Onitsha and Baro River Port for transportion of containerized and none containerized cargoes for shipping efficiency in Nigeria”,  Sambo said.

Continuing, Sambo observed that the value  of such activities will lead to the decongestion of Lagos Ports, prolong the life span of the roads, reducuce pollution,  and create a new mode of transportation by water, which in turn will mot only engage civilians but security forces as the cargoes have to be escorted.

 

The Terms of Reference of the TWG includes:

  1. Carry out legal, Financial and Technical Due Diligence on Messrs DIDs Ltd home and abroad.

 

  1. Documentation of every single data and raw materials collected from survey and the operational processes, for the purpose of security and future use for the development of a robust Project Structuring Report (PRS).

 

iii. X-ray policies applicable for the purpose of putting the Inland waterways Channel to economic use

 

  1. Negotiate what is accruable to FGN/NIWA at every operations and any other responsibility as may be directed by the Honourable Minister.

 

The 18-Man TWG has technocrats from National Inland Waterways, Nigeria Ports Authority, the Navy among others, with the Permanent Secretary, Transportation, Dr.  Magdalene Ajani, as Chairman, the Managing Director, NIWA, Dr.  George Moghalu, as Alternate Chairman, the Deputy General Manager, Business Development, NIWA, Hassan Kaka as Secretary.

 

 

 

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Posted by on Sep 16 2022. Filed under Business, National. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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