Tag Archives: rail project in nigeria

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 ...

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 ...