Read the passage below carefully and evaluate the statement that follows:
The Kainji Lake Research Institute (KLRI) was established in 1975 at New Bussa in Niger State to study the socio-economic and ecological impacts of the man-made Kainji Lake. Created following the damming of the River Niger in 1968, the lake displaced over 44,000 residents who were resettled in 139 newly constructed villages. The institute's initial mandate focused strictly on fisheries development and limnological research. However, in 1988, the Federal Government expanded KLRI's responsibilities to include wildlife conservation and range management, prompting its reorganization into the National Institute for Freshwater Fisheries Research (NIFFR). Today, the institute maintains research stations across Nigeria's major river basins.
Statement: The Kainji Lake Research Institute was renamed the National Institute for Freshwater Fisheries Research in 1975 following the damming of the River Niger.
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