“Despite issues of right of way and others impediments slowing down work on the ongoing construction of a new Lagos-Ibadan standard gauge rail, the Nigerian Railway Corporation has said there is no going back on the December 2018 delivery date.”- Punch The Chairman of the corporation, Usman Abubakar, gave the indication on Tuesday in Lagos after a meeting of the ...
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Kaduna-Abuja rail line: Buhari approves 17 locomotives
According to Daily Post, President Muhammadu Buhari has approved the procurement of 17 locomotives for the Kaduna-Abuja rail line to accommodate the surging passengers. The Minister of Transportation, Rotimi Amaechi, made this known on Monday while speaking with newsmen after the monthly project steering committee meeting on the $1.5bn Lagos-Ibadan rail project. He said the reason for the approval was ...
Read More »Construction of Lagos-Ibadan rail begins April 14
According to The Guardian, the Managing Director of the Nigeria Railway Corporation (NRC) Fidet Okhiria, disclosed this to the News Agency of Nigeria (NAN) yesterday in Lagos and advised those who had encroached on corporation’s land to vacate, to avoid their property being destroyed by bulldozers during construction of Lagos-Ibadan rail. According to Okhiria, those that are due for compensation ...
Read More »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 ...
Read More »FEC approves negotiation for railway concessioning
The Minister of Transport Rotimi Amaechi said that the Federal Executive Council (FEC) has approved advisers to negotiate with General Electric (GE) towards concessioning the railway. The Nation reports that the Minister said this to State House correspondents at the end of the Federal Executive Council (FEC) meeting, presided over by President Muhammadu Buhari. According to The Nation, Amaechi was with ...
Read More »What You Should Know About Land Status
Ordinarily knowing your land status saves you from several heartaches that come with land hassles. I have witnessed many cases in the course of my real estate sojourn where people buy land without doing their due diligence. Today, I will be giving you an insight into what you should know about different land status. Imagine a situation where Ministry of ...
Read More »Railway Is The Biggest Stumbling Block For Real Estate Growth In Nigeria – Awofala
“The Ministry of Housing needs to work closely with the Ministry of Transportation. That’s how most major cities in the world have grown. Railway is the biggest stumbling block for Real Estate to grow in this country. If government can provide rail, you do not need to tell these Developers to Build” The above statement was made by Babafemi Awofala ...
Read More »Lagos-Kano, Lagos-Calabar Rails To Generate 250,000 Job Openings – Minister
The Minister of Transportation, Rotimi Amaechi, said on Friday that the Lagos-Kano Rail project would be completed in the next two years. Mr. Amaechi, who said this while inspecting the Abuja-Kaduna rail project in Kaduna, added that it would generate employment for 250,000 Nigerians. He said the ongoing rail project from Lagos-Kano and Lagos-Calabar would generate more employment than the ...
Read More »Buhari To Discuss Power Projects, Railway With Chinese Leader In South Africa
President Muhammadu Buhari will be in South Africa, Thursday to participate in the Forum on China/Africa Cooperation (FOCAC) taking place in Johannesburg, December 4-5. A statement by the Senior Special Assistant to the President, Garba Shehu, said the President Buhari would at the forum follow up on his meeting with the Chinese leader Xi Jinping, which took place on the ...
Read More »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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