2016:The Year New Standard Rails Arrive Nigeria

The Minister of Transportion, Rotimi Amaechi, said the federal government would spend an aggregate of N120 billion for its two new standard (guage) railway tracks to be constructed on the Lagos-Kano and Lagos-Calabar rail corridors from its 2016 budget. Making the disclosure after a train ride on the completed 186-kilometre Abuja-Kaduna railway project, from Idu […]

Explain How $1bn Chinese Loan for Lagos-Kano Railway Was Diverted, Buhari Orders Finance Ministry

President Muhammadu Buhari has ordered the Ministry of Finance to explain how $1.005 billion loan obtained from the Chinese Exim Bank for the construction of a standard gauge rail line linking Lagos to Kano  got diverted to other purposes. Speaking on Monday, August 10, at the Presidential Villa after the Permanent Secretary, Ministry of Transport, Alhaji Mohammed Bashar, made […]

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