The dispute between National Inland Waterways Authority (NIWA) and Lagos State over the control of waterways came to an end on Monday after both parties signed an agreement of cooperation.
Officials of the National Inland Waterways Authority were led by Managing Director, Sen. Olorunnimbe Mamora, for the ratification of the treaty at the office of the Lagos state Governor Babajide Sanwo-Olu.
The treaty will guarantee a better working relationship between NIWA and the Lagos State Waterways Authority (LASWA).
The row over the control of waterways surrounding Lagos started more than 10 years ago between NIWA and LASWA, with both parties locking horns in a protracted legal battle. With the new agreement, both parties will now have a joint responsibility to ensure safety, harmonise tariffs and monitor regulations on the waterways.
After signing the agreement, Sen. Mamora said the agreement was signed in good faith and in the best interest of the people. Governor Sanwo-Olu said the development implied the unlocking of investment in water transportation, which is one of the cardinal projects of his administration.