The Nation reports that Federal Government on Monday said it has released N72 billion as the full counterpart funding for the construction of Lagos-Ibadan modernization railway project. This was disclosed by the Minister of Transport, Rotimi Amaechi, at the second Presidential Business Forum in Abuja. He said: “For the construction of Lagos-Ibadan railway, the Minister of Finance has been kind ...
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Senate suggests that Lekki port promoters build rail for cargo evacuation
Vanguard reports that the Senate Committee on Marine Transport has suggested that the Tolaram Group, sponsors of the Lekki Deep Seaport, should include rail transportation in their construction works to avoid gridlock along the port access road. Vanguard reports that the Chairman of the Committee, Sen. Ahmed Yerima, made the suggestion during an oversight function of the committee and a ...
Read More »Warri-Ajaokuta-Obaro-Abuja rail project to attract $30bn investment – Amaechi
The Minister of Transportation, Mr Rotimi Amaechi, revealed that the Warri-Ajaokuta-Obaro-Abuja central rail project was expected to attract a minimum of 30 billion dollar investment into the country. According to Vanguard, Amaechi made this known while briefing the Joint Senate and House of Representatives’ Committee on Land Transport on Monday in Abuja. He said that the Federal Government had signed a ...
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