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Concessioning of Onitsha River Port boost to Tinubu’s Blue Economy—NIWA MD

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The successful concessioning of Onitsha River Port has been seen as one of the major boost to the current government’s drive to grow Blue Economy on one hand and a key achievement under by the National Inland Waterways Authority (NIWA) under the current Managing Director Chief Executive Officer Dr. George Moghalu.

In a statement made available to newsmen by the Jibril Darda’u, General Manager, Corporate Affairs of NIWA, the agency’s boss averred that “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.”

under his watch increased the revenue generation of the agency from N1 billion to N11 billion since the administration of the incumbent

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.

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