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Tag Archives: Railway construction

Railway frustration forces Dangote to assemble truck – Amaechi

Railway frustration forces Dangote to assemble truck - Amaechi

Vanguard reports that the Minister of Transportation, Mr Chibuike Amaechi, yesterday, said that the decision of Aliko Dangote to set up a $100 million trucks assembly plant in Lagos was out of frustration due to the country’s railway projects delay. Ameachi stated this when he received in audience a delegation of General Electric, GE and other companies in respect of ...

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China State Rail Company Signs Deal Worth $5.5bn With Nigeria & Zimbabwe

According to the Financial Times, state-owned China Railway Construction Corp. (CRCC) has signed two contracts worth nearly $5.5 billion with Nigeria and Zimbabwe. The Nigerian project further cements the company’s leading role in the Nigerian construction industry, and is also a milestone in the “going global” of Chinese railway, said Meng Fengchao, board chairman of CRCC. Citing stock exchange filings ...

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