By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: FG Has Awarded Contract for Dredging of River Benue, Says Amaechi
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

FG Has Awarded Contract for Dredging of River Benue, Says Amaechi

Farouk Mohammed
By Farouk Mohammed
Published: February 2, 2017
Share
3 Min Read
SHARE

HIGHLIGHT

 


Federal Government has awarded contract for the dredging of the critical part of River Benue.

The Minister of Transportation, Rotimi Amaechi, has said the Federal Government has awarded contract for the dredging of the critical part of River Benue.

Mr. Amaechi, who disclosed this at the 2017 budget defence before members of the Senate Committee on Marine Transport on Thursday in Abuja, said that work will soon commence.

- Advertisement -

He said the project was a fallout of the decision of the Federal Government to maximize the use of the resources of 12 major rivers in the country.

The minister added that the capital dredging of the Lower River Niger from Warri to Baro, covering a distance of 572 kilometres had also commenced.

He added that Baro River Port had achieved 95 per cent completion, adding that arrangement was being made for the provision of cargo handling equipment and turning of the basin to port.

According to him, government has approved the upward review of fees and tariffs for the National Inland Waterways Authority (NIWA), to enable the country look inward and improve its economic base.

- Advertisement -

He said the government was determined to encourage a river dependent sustainable economic development through marine transportation.

“The 2017 budget is for economic recovery and growth, therefore, the Federal Ministry of Transportation and its agencies under the 2017 budget seek to consolidate and sustain the achievements and performances recorded in the past years.

“We will focus on the sustainability of the gains achieved in the sector, in terms of port infrastructure development, maritime administration, human capacity building and effective technical and economic regulation.

“The Federal Executive Council has approved the Outline Business Case (OBC) for Ibom Deep Sea Port on 60, 20, 20 per cent basis between the concessionaire, Akwa Ibom government and Nigerian Ports Authority.

“On Badagry deep sea port, FEC has approved the OBC for the project to be funded 100 per cent by the proponent,” the minister said.

Ahmed Yerima, Chairman, Senate Committee on Marine Transport, said the senate was committed to ensuring that objectives of the 2017 budget were achieved through oversight functions.

Mr. Yerima said that as soon as the budget proposal was considered and approved, rigorous oversight would follow to ensure proper implementation.

He said that the senate would work with the executive to get the country out of recession, adding that they would support any agency of government that showed commitment.

The Chairman, however, said the committee had approved the ministry’s N1.3 billion budget estimate for 2017.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:AmaechiFGRiver Benue
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
Previous Article Ekiti State Assembly Summons Fayemi
Next Article Don’t Threaten Buhari Over My Appointment – Justice Walter Onnoghen tells Nigerians

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Parallel Market Rates

Okay.ng Logo
USD
Buy₦1,555.00
Sell₦1,568.00
GBP
Buy₦1,770.00
Sell₦1,800.00
EUR
Buy₦2,140.00
Sell₦2,175.00

Updated: 7 hours ago

Displayed rates are for informational purposes only and are subject to change.

Quick Converter

0.00
ShareShareShare

Rates are for informational purposes only.

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

INEC Releases New Guidelines on Election Result Reviews, Confirms 122 Applications for New Political Parties
News
NEPC Debunks Promotion Exam Allegations, Says Process Adheres to Civil Service Rules
News
9mobile Subscribers to Access MTN Network Under New Three-Year Deal
Telcos
Peter Rufai
Peter Rufai, Legendary Super Eagles Goalkeeper, Is Dead
Sport
David Mark, Atiku’s Coalition Efforts Not Reflective of PDP’s Official Stance, Party Clarifies
Politics
- Advertisement -
Ad imageAd image

You May Also Like

Peter Obi
Politics

Labour Party Demands Peter Obi’s Resignation Within 48 Hours

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
July 3, 2025
Politics

Seven Akwa Ibom House of Representatives Members Defect to APC

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
July 3, 2025
Business

Black Market Exchange Rate: Dollar to Naira – Today – 3rd July 2025

Okay.ng
Okay.ng
July 3, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?