The Federal Government says it is set to commercialise the nation’s 12 River Basins to enable them to deliver on their mandate effectively, IgbereTV reports.
The Director, River Basin Operations and Inspection at the Federal Ministry of Water Resources, Mr John Ochigbo, made the declaration at a news conference on Wednesday in Benin.
He addressed the news conference as part of activities at the on-going 10th National Water Conference where he represented the minister, Mr Suleiman Adamu.
Ochigbo said the commercialisation of the Basins would enable them to generate increased revenues for government.
He noted that the 12 basins were almost comatose before 2016, but that they had been repositioned for greater efficiency by engaging professionals to manage their affairs.
He assured that the huge infrastructure available at the Basins would guarantee return on investments.
He said the Federal Government approved the commercialisation of the river basins to ensure that they had sustainable operations and management of their infrastructure.
