Dredging of the River Niger from Baro to the coast is mostly complete. The Federal Government has insisted from time to time since July that there are plans to dredge the River Benue as well. It is apparently part of the Ministry of Transportations "Nigerian Transportation Masterplan"
The dredging of the two major rivers is part of a drive to use the inland waterways as commercial corridors, as shown in the map below (click to enlarge):
[Disclosure: I got the map from the Nigeria pages of SkyscraperCity, though I can't recall which specific thread I got it from]
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