NIWA Seeks Private Sector Partnership to Revive Oguta River Port

NIWA workers to sign performance bond

 

The National Inland Waterways Authority (NIWA) has announced its readiness to work with private investors on the revival of the Oguta River Port as part of efforts to expand Nigeria’s transport infrastructure and diversify the economy.

NIWA’s Managing Director, Bola Oyebamiji, disclosed this during a meeting in Abuja with the Technical Team of the Orashi Special Energy Free Trade Zone, led by its Managing Director, Chioma Nwachukwu.

Oyebamiji said the port is central to the development of the South East region and aligns with the Renewed Hope Agenda of President Bola Tinubu’s administration through the Federal Ministry of Marine Economy.

He added that the Authority is open to a public-private partnership to accelerate the rehabilitation of the facility.

Nwachukwu, in response, expressed the Free Trade Zone’s readiness to collaborate with NIWA in realising the port’s potential to attract investment, boost industrial activity and create jobs.



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