{"id":4702,"date":"2006-01-10T15:04:44","date_gmt":"2006-01-10T15:04:44","guid":{"rendered":"http:\/\/bpe.gov.ng\/?p=1344"},"modified":"2025-09-04T14:50:09","modified_gmt":"2025-09-04T14:50:09","slug":"national-inland-waterways-authority-niwa","status":"publish","type":"post","link":"https:\/\/bpe.gov.ng\/staging\/national-inland-waterways-authority-niwa\/","title":{"rendered":"National Inland Waterways Authority (Niwa)"},"content":{"rendered":"<p>National Inland Waterways Authority HQ (NIWA),<br \/>\nP. M. B. 1004,<br \/>\nAdankolo New Layout,<br \/>\nLokoja &#8211; Kogi State.<\/p>\n<h5><strong>The Company<\/strong><\/h5>\n<p>NIWA was formerly the Inland Waterways Department (IWD), which was the oldest Operational Department in the Ministry of Transport from 1956 up to late 1997. It is a statutory body, 100% owned by the Federal Government of Nigeria as a parastatal under the Federal Ministry of Transport. NIWA was established through Decree No. 13 of 1997 and commenced operations fully in 1998.<\/p>\n<p>The Authority has 10 Area Offices and a Liaison Office at the following locations: &#8211;<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Lokoja, Kogi State &#8211; Head Quarters<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Lokoja, Kogi State \u2013 Area Office<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Makurdi, Benue State \u2013\u00a0\u00a0\u00a0\u00a0\u00a0 \u201c<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Ibi, Taraba State \u2013\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u201c<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Calabar, Cross River State \u2013\u00a0 \u201c<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Onitsha, Anambra State \u2013\u00a0\u00a0 \u201c<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Warri, Delta State \u2013\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u201c<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Port Harcourt, Rivers State \u2013\u00a0 \u201c<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Ikoyi &amp; Marina, Lagos State \u2013\u00a0 \u201c<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Yelwa\/Yauri, Kebbi State &#8211;\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u201c<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Igbokoda \u2013 Area Office<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Maritime House, Abuja \u2013 Liaison Office<\/p>\n<h5><strong>Business Activities<\/strong><\/h5>\n<p>The major business activities of NIWA include the following: &#8211;<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Improvement and development of the Inland Waterways for Navigation.<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Provision of an alternative mode of transportation for evacuation of economic goods and persons.<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Execution of the objectives of the National Transport Policy as they concern NIWA.<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Issuance and control of licenses for inland navigation, piers, jetties, dockyards etc.<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Operation of ferry services within the inland waterways system.<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Financing capital development and maintenance dredging.<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Undertaking of hydrological and hydrographical survey.<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Approval and control of all jetties and dockyards.<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Undertaking acquisition, leasing and hiring of properties etc.<\/p>\n<h5><strong>Facilities\/Assets<\/strong><\/h5>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 3 standard functional dockyards at Warri, Port Harcourt &amp; Lokoja.<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Jetties located at Lagos, Onitsha, Port Harcourt, Calabar &amp; Warri.<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 35 Vessels, of which 3 are functional.<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 200 housing units at Warri.<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 100 housing units at Lagos.<\/p>\n<h4>SECTOR DATA<\/h4>\n<h5><strong>The Macro-environment<\/strong><\/h5>\n<p>The establishment of NIWA is a recent development. A draft transport policy is being prepared and has already taken its establishment into cognisance. The Authority has the following regulatory functions that include:<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Issuance and control of licenses for inland navigation, piers, jetties and dockyards;<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Granting of licenses to private inland water crafts;<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Approval of designs and construction of inland river crafts.<\/p>\n<h4>ENTERPRISE DATA<\/h4>\n<h5><strong>The Business Opportunity<\/strong><\/h5>\n<p>With inland navigable waterways of about 3,000km and an extensive coastland of about 852km, Nigeria has a great potential in the movement of goods from the coast to the hinterland by water transport. The country\u2019s waterways centre on the Rivers Niger and Benue dissect Nigeria into east, west, and north sections. The two rivers run into each other at Lokoja and flow into the Atlantic Ocean. The coastal waterways extend from Badagry through Warri to Calabar.<\/p>\n<p>An efficient coastal and inland waterway system relieves pressure on a country\u2019s rail and road transport infrastructure. The waterways transport bulk goods over long distances at very low rates.<\/p>\n<p>The Nigerian inland waterways have great potentials. The areas adjacent to the rivers are major agricultural areas. Agricultural products from the middle belt areas can be transported to the delta areas through the waterways and verse versa. The importation of raw materials through the ports in the delta areas for use at the Ajaokuta Steel Complex, which is a major industrial center on the Niger, will benefit from the importation and export of cargo movement by the waterways.<\/p>\n<h5><strong>Proposed Divestiture Plan<\/strong><\/h5>\n<p>The proposed divestiture plan is to concession the activities of the Authority according to international best practices while it is left with regulatory functions such as issuing and controlling of licenses, carrying out hydrological surveys, and collecting taxes from private operators etc as enshrined in the Decree establishing it. With the injection of adequate capital and good management via the concession, NIWA will become more attractive for possible, eventual sale to a core investor.<\/p>\n<h5><strong>Performance of The Enterprise<\/strong><\/h5>\n<p>Despite these prospects, the use of this transport mode has declined over the past three decades due several physical and operational constraints.<\/p>\n<p>The physical constraints include:<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 High rate of sediment build up along the channel.<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Physical obstruction.<\/p>\n<p>The operational constraints include:<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Inadequate river port infrastructure<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Poor landward connection to river ports<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Poor communication and navigational aids<\/p>\n<p>It is therefore the objective of government to keep the inland and coastal waterways open for transportation through increased private sector participation in the operations of the inland waterways transportation mode. In order to achieve this objective government will:<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Eliminate the physical constraints to navigation in the country\u2019s waterways;<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Promote pricing policies that will shift traffic to the inland waterways<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0 Restructure the National Inland Waterways Authority (NIWA) &#8211; the government agency charged with the responsibility of managing the waterways &#8211; to give ample opportunity for private sector participation in the management and operations of the waterways.<\/p>\n<p>NIWA depends almost entirely on government grants. It is barely able to generate 20% of its required funding. Some of these functions e.g. transport-operating function, could in fact be performed better by private entrepreneurs. Already government\u2019s subventions are dwindling and NIWA is unable to fully execute its various functions. This situation calls for a policy review. It is government\u2019s policy objective to restructure NIWA, the apex management body of Nigeria\u2019s waterways, and to attract private sector involvement in its activities. The ultimate goal is to revive the waterways transport system and make it contribute to the national development objectives of the Federal Government.<\/p>\n<p>Since its inception NIWA had not been running as efficiently and effectively as it was set up to. Below is a 5-year financial summary of the Authority\u2019s activities:<\/p>\n<table width=\"822\">\n<tbody>\n<tr>\n<td colspan=\"6\" width=\"822\"><strong>NATIONAL INLAND WATERWAYS AUTHORITY<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"6\" width=\"822\"><strong>ANALYSIS OF FINANCIAL STATEMENTS<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"152\"><\/td>\n<td width=\"109\"><\/td>\n<td width=\"130\"><\/td>\n<td width=\"137\"><\/td>\n<td width=\"141\"><\/td>\n<td width=\"153\"><\/td>\n<\/tr>\n<tr>\n<td width=\"152\"><strong>YEAR<\/strong><\/td>\n<td width=\"109\"><strong>2003<\/strong><\/td>\n<td width=\"130\"><strong>2002<\/strong><\/td>\n<td width=\"137\"><strong>2001<\/strong><\/td>\n<td width=\"141\"><strong>2000<\/strong><\/td>\n<td width=\"153\"><strong>1999<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"152\"><\/td>\n<td width=\"109\"><\/td>\n<td width=\"130\"><\/td>\n<td width=\"137\"><\/td>\n<td width=\"141\"><\/td>\n<td width=\"153\"><\/td>\n<\/tr>\n<tr>\n<td width=\"152\"><\/td>\n<td width=\"109\"><strong>N<\/strong><\/td>\n<td width=\"130\"><strong>N<\/strong><\/td>\n<td width=\"137\"><strong>N<\/strong><\/td>\n<td width=\"141\"><strong>N<\/strong><\/td>\n<td width=\"153\"><strong>N<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"152\"><\/td>\n<td width=\"109\"><\/td>\n<td width=\"130\"><\/td>\n<td width=\"137\"><\/td>\n<td width=\"141\"><\/td>\n<td width=\"153\"><\/td>\n<\/tr>\n<tr>\n<td width=\"152\"><strong>INCOME AND EXPENDITURE<\/strong><\/td>\n<td width=\"109\"><\/td>\n<td width=\"130\"><\/td>\n<td width=\"137\"><\/td>\n<td width=\"141\"><\/td>\n<td width=\"153\"><\/td>\n<\/tr>\n<tr>\n<td width=\"152\"><\/td>\n<td width=\"109\"><\/td>\n<td width=\"130\"><\/td>\n<td width=\"137\"><\/td>\n<td width=\"141\"><\/td>\n<td width=\"153\"><\/td>\n<\/tr>\n<tr>\n<td width=\"152\">RECURRENT SUBVENTION<\/td>\n<td width=\"109\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 299,640,540.00<\/td>\n<td width=\"130\">\u00a0\u00a0\u00a0\u00a0\u00a0 272,996,404.00<\/td>\n<td width=\"137\">\u00a0\u00a0\u00a0\u00a0\u00a0 260,230,225.00<\/td>\n<td width=\"141\">\u00a0\u00a0\u00a0\u00a0\u00a0 131,930,625.00<\/td>\n<td width=\"153\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 117,340,813.00<\/td>\n<\/tr>\n<tr>\n<td width=\"152\">SUNDRY INCOME<\/td>\n<td width=\"109\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 108,959,046.00<\/td>\n<td width=\"130\">\u00a0\u00a0\u00a0\u00a0\u00a0 106,514,224.00<\/td>\n<td width=\"137\">\u00a0\u00a0\u00a0\u00a0\u00a0 107,157,562.00<\/td>\n<td width=\"141\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 95,283,364.00<\/td>\n<td width=\"153\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 95,535,642.00<\/td>\n<\/tr>\n<tr>\n<td width=\"152\"><strong>TOTAL INCOME<\/strong><\/td>\n<td width=\"109\"><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 408,599,586.00 <\/strong><\/td>\n<td width=\"130\"><strong>\u00a0\u00a0\u00a0\u00a0\u00a0 379,510,628.00 <\/strong><\/td>\n<td width=\"137\"><strong>\u00a0\u00a0\u00a0\u00a0\u00a0 367,387,787.00 <\/strong><\/td>\n<td width=\"141\"><strong>\u00a0\u00a0\u00a0\u00a0\u00a0 227,213,989.00 <\/strong><\/td>\n<td width=\"153\"><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 212,876,455.00 <\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"152\">STAFF COST<\/td>\n<td width=\"109\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 327,734,455.00<\/td>\n<td width=\"130\">\u00a0\u00a0\u00a0\u00a0\u00a0 277,046,927.00<\/td>\n<td width=\"137\">\u00a0\u00a0\u00a0\u00a0\u00a0 222,139,997.00<\/td>\n<td width=\"141\">\u00a0\u00a0\u00a0\u00a0\u00a0 169,510,788.00<\/td>\n<td width=\"153\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 86,372,148.00<\/td>\n<\/tr>\n<tr>\n<td width=\"152\">ADMINISTRATIVE COST<\/td>\n<td width=\"109\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 235,522,807.00<\/td>\n<td width=\"130\">\u00a0\u00a0\u00a0\u00a0\u00a0 282,373,592.00<\/td>\n<td width=\"137\">\u00a0\u00a0\u00a0\u00a0\u00a0 263,534,836.00<\/td>\n<td width=\"141\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 71,829,535.00<\/td>\n<td width=\"153\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 87,268,270.00<\/td>\n<\/tr>\n<tr>\n<td width=\"152\">FINANCIAL COSTS<\/td>\n<td width=\"109\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 187,459,907.00<\/td>\n<td width=\"130\">\u00a0\u00a0\u00a0\u00a0\u00a0 200,910,690.00<\/td>\n<td width=\"137\">\u00a0\u00a0\u00a0\u00a0\u00a0 155,817,959.00<\/td>\n<td width=\"141\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 59,584,203.00<\/td>\n<td width=\"153\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 47,100,880.00<\/td>\n<\/tr>\n<tr>\n<td width=\"152\"><strong>TOTAL EXPENDITURE<\/strong><\/td>\n<td width=\"109\"><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 750,717,169.00 <\/strong><\/td>\n<td width=\"130\"><strong>\u00a0\u00a0\u00a0\u00a0\u00a0 760,331,209.00 <\/strong><\/td>\n<td width=\"137\"><strong>\u00a0\u00a0\u00a0\u00a0\u00a0 641,492,792.00 <\/strong><\/td>\n<td width=\"141\"><strong>\u00a0\u00a0\u00a0\u00a0\u00a0 300,924,526.00 <\/strong><\/td>\n<td width=\"153\"><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 220,741,298.00 <\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"152\"><strong>\u00a0<\/strong><\/p>\n<p><strong>SURPLUS\/(DEFICIT) OF INCOME OVER EXPENDITURE (%)<\/strong><\/td>\n<td width=\"109\">\u00a0\u00a0\u00a0\u00a0\u00a0 (342,117,583.00)<\/td>\n<td width=\"130\">\u00a0\u00a0\u00a0\u00a0 (380,820,581.00)<\/td>\n<td width=\"137\">\u00a0\u00a0\u00a0\u00a0 (274,105,005.00)<\/td>\n<td width=\"141\">\u00a0\u00a0\u00a0\u00a0\u00a0 (73,710,537.00)<\/td>\n<td width=\"153\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (7,864,843.00)<\/td>\n<\/tr>\n<tr>\n<td width=\"152\"><\/td>\n<td width=\"109\"><\/td>\n<td width=\"130\"><\/td>\n<td width=\"137\"><\/td>\n<td width=\"141\"><\/td>\n<td width=\"153\"><\/td>\n<\/tr>\n<tr>\n<td width=\"152\"><strong>BALANCE SHEET<\/strong><\/td>\n<td width=\"109\"><\/td>\n<td width=\"130\"><\/td>\n<td width=\"137\"><\/td>\n<td width=\"141\"><\/td>\n<td width=\"153\"><\/td>\n<\/tr>\n<tr>\n<td width=\"152\"><\/td>\n<td width=\"109\"><\/td>\n<td width=\"130\"><\/td>\n<td width=\"137\"><\/td>\n<td width=\"141\"><\/td>\n<td width=\"153\"><\/td>\n<\/tr>\n<tr>\n<td width=\"152\"><strong>ASSETS<\/strong><\/td>\n<td width=\"109\"><\/td>\n<td width=\"130\"><\/td>\n<td width=\"137\"><\/td>\n<td width=\"141\"><\/td>\n<td width=\"153\"><\/td>\n<\/tr>\n<tr>\n<td width=\"152\"><\/td>\n<td width=\"109\"><\/td>\n<td width=\"130\"><\/td>\n<td width=\"137\"><\/td>\n<td width=\"141\"><\/td>\n<td width=\"153\"><\/td>\n<\/tr>\n<tr>\n<td width=\"152\"><strong>FIXED ASSETS<\/strong><\/td>\n<td width=\"109\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 749,902,119.00<\/td>\n<td width=\"130\">\u00a0\u00a0\u00a0\u00a0\u00a0 918,682,704.00<\/td>\n<td width=\"137\">\u00a0\u00a0\u00a0\u00a0\u00a0 714,575,040.00<\/td>\n<td width=\"141\">\u00a0\u00a0\u00a0\u00a0\u00a0 270,075,174.00<\/td>\n<td width=\"153\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 226,239,934.00<\/td>\n<\/tr>\n<tr>\n<td width=\"152\">CURRENT ASSETS<\/td>\n<td width=\"109\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 225,421,087.00<\/td>\n<td width=\"130\">\u00a0\u00a0\u00a0\u00a0\u00a0 331,737,910.00<\/td>\n<td width=\"137\">\u00a0\u00a0\u00a0\u00a0\u00a0 425,012,236.00<\/td>\n<td width=\"141\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 65,593,697.00<\/td>\n<td width=\"153\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 34,265,464.00<\/td>\n<\/tr>\n<tr>\n<td width=\"152\">CURRENT LIABILITIES<\/td>\n<td width=\"109\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 44,271,429.00<\/td>\n<td width=\"130\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 27,956,494.00<\/td>\n<td width=\"137\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 48,026,097.00<\/td>\n<td width=\"141\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 51,690,854.00<\/td>\n<td width=\"153\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 40,384,931.00<\/td>\n<\/tr>\n<tr>\n<td width=\"152\"><strong>TOTAL ASSETS<\/strong><\/td>\n<td width=\"109\"><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 931,051,777.00 <\/strong><\/td>\n<td width=\"130\"><strong>\u00a0\u00a0\u00a0 1,222,464,120.00 <\/strong><\/td>\n<td width=\"137\"><strong>\u00a0\u00a0\u00a0 1,091,561,179.00 <\/strong><\/td>\n<td width=\"141\"><strong>\u00a0\u00a0\u00a0\u00a0\u00a0 283,978,017.00 <\/strong><\/td>\n<td width=\"153\"><strong>\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0220,120,467.00 <\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"152\"><strong>\u00a0<\/strong><\/td>\n<td width=\"109\"><\/td>\n<td width=\"130\"><\/td>\n<td width=\"137\"><\/td>\n<td width=\"141\"><\/td>\n<td width=\"153\"><\/td>\n<\/tr>\n<tr>\n<td width=\"152\"><strong>FINANCED BY:<\/strong><\/td>\n<td width=\"109\"><\/td>\n<td width=\"130\"><\/td>\n<td width=\"137\"><\/td>\n<td width=\"141\"><\/td>\n<td width=\"153\"><\/td>\n<\/tr>\n<tr>\n<td width=\"152\"><\/td>\n<td width=\"109\"><\/td>\n<td width=\"130\"><\/td>\n<td width=\"137\"><\/td>\n<td width=\"141\"><\/td>\n<td width=\"153\"><\/td>\n<\/tr>\n<tr>\n<td width=\"152\">CAPITAL GRANT<\/td>\n<td width=\"109\">\u00a0\u00a0\u00a0 1,777,044,306.00<\/td>\n<td width=\"130\">\u00a0\u00a0\u00a0 1,726,339,066.00<\/td>\n<td width=\"137\">\u00a0\u00a0\u00a0 1,368,519,066.00<\/td>\n<td width=\"141\">\u00a0\u00a0\u00a0\u00a0\u00a0 286,830,899.00<\/td>\n<td width=\"153\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 246,594,232.00<\/td>\n<\/tr>\n<tr>\n<td width=\"152\">ECOLOGICAL<\/td>\n<td width=\"109\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 251,236,942.00<\/td>\n<td width=\"130\">\u00a0\u00a0\u00a0\u00a0\u00a0 251,236,942.00<\/td>\n<td width=\"137\">\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a097,331,420.00<\/td>\n<td width=\"141\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 97,331,420.00<\/td>\n<td width=\"153\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 &#8211;<\/td>\n<\/tr>\n<tr>\n<td width=\"152\">ACCUMULATED FUNDS<\/td>\n<td width=\"109\"><strong>\u00a0\u00a0 (1,097,229,471.00)<\/strong><\/td>\n<td width=\"130\"><strong>\u00a0\u00a0\u00a0\u00a0 (755,111,888.00)<\/strong><\/td>\n<td width=\"137\"><strong>\u00a0\u00a0\u00a0\u00a0 (374,289,307.00)<\/strong><\/td>\n<td width=\"141\"><strong>\u00a0\u00a0\u00a0\u00a0 (100,184,302.00)<\/strong><\/td>\n<td width=\"153\"><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (26,473,765.00)<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"152\"><\/td>\n<td width=\"109\"><\/td>\n<td width=\"130\"><\/td>\n<td width=\"137\"><\/td>\n<td width=\"141\"><\/td>\n<td width=\"153\"><\/td>\n<\/tr>\n<tr>\n<td width=\"152\"><strong>TOTAL CAPITAL<\/strong><\/td>\n<td width=\"109\"><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 931,051,777.00 <\/strong><\/td>\n<td width=\"130\"><strong>\u00a0\u00a0\u00a0 1,222,464,120.00 <\/strong><\/td>\n<td width=\"137\"><strong>\u00a0\u00a0\u00a0 1,091,561,179.00 <\/strong><\/td>\n<td width=\"141\"><strong>\u00a0\u00a0\u00a0\u00a0\u00a0 283,978,017.00 <\/strong><\/td>\n<td width=\"153\"><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 220,120,467.00 <\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>National Inland Waterways Authority HQ (NIWA), P. M. B. 1004, Adankolo New Layout, Lokoja &#8211; Kogi State. The Company NIWA was formerly the Inland Waterways Department (IWD), which was the oldest Operational Department in the Ministry of Transport from 1956&#8230;<\/p>\n","protected":false},"author":1,"featured_media":15288,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[81],"tags":[],"class_list":["post-4702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.5 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>National Inland Waterways Authority (Niwa) - Bureau of Public Enterprise<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bpe.gov.ng\/staging\/national-inland-waterways-authority-niwa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"National Inland Waterways Authority (Niwa)\" \/>\n<meta property=\"og:description\" content=\"National Inland Waterways Authority HQ (NIWA), P. 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M. B. 1004, Adankolo New Layout, Lokoja &#8211; Kogi State. 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