The Minister of Transportation, Mu’azu Sambo said Nigeria must adequately utilize the full potential of its water resources in order to achieve economic development.
He spoke during a visit to the Port Harcourt office of the National Inland Waterways Authority.
In the last one year, the National Inland Waterways Authority has added more than 20 river craft including patrol boats, tug boats, house boats and water ambulances to its fleet.
The Minister’s visit this time to inspect some newly acquired boats, the authority says shows its commitment to improving safety and security along the waterways.
For NIWA this will remain a priority knowing that more than 50 percent of states are accessible by water.
But while some other countries rely on their maritime sector for trade as well as human and cargo transportation, in Nigeria, the story is different.
Minister of Transportation promises funding to support indigenous companies
The Minster of Transportation offers fresh hope for the growth of Nigerian Maritime businesses with promises of access to funding.
He explained Government’s position on the Cabotage Vessel Financing Fund.
As the Federal Government works towards creating alternative means of transportation, NIWA assures that they have what it takes to support those efforts.
This was Mu’azu Sambo’s first visit to Rivers State as Minster since President Muhammadu Buhari appointed him two months ago.
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