FG to open interstate water transportation across 28 states
After the fuel subsidy was removed, the federal government declared that it was ready to open the interstate water transportation system in order to lower the high cost of transportation.
The FG stated that its decision to investigate interstate water transportation will undoubtedly be implemented because 28 of the federation's states are navigable.
Bola Oyebamiji, the Chief Executive Officer and Managing Director of the National Inland Waterways Authority (NIWA), revealed to reporters over the weekend that the FG will effectively manage waterways to increase the value of the nation's Gross Domestic Product (GDP).
According to him, “Certainly, in this period of high cost of transportation and all, we are exploring waterways as means of transportation. 28 out of 36 states if properly handled are navigable to enhance our water transportation, you can be rest assured that we are going to work on that and make use of our waterways.
He assured that: “We will ensure that our waterways are efficiently managed so that we can add value to our GDP. We are going to maximize the opportunity of our waterways. Apart from transportation, there are a lot of benefits in our water systems that we can tap into. We are going to ensure that we add value to our waterways.â€
Oyebamiji also emphasised that all Nigerians will eventually laugh at President Bola Tinubu's economic reforms.
He said, “Nigerians have forgotten that the economic challenges have been existing in the country for a very long time. Since we took over from the British, we have not gotten our economic policy right. This is the only time that we have gotten our economic policy right. If you look back, we have a lot of challenges and to correct them, it will take time. The suffering might be big now but I am very sure that our people will laugh last.â€
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