General Electric (GE) confirmed its “keen interest” in acquiring a Nigeria railway concession project worth about $2 billion, the U.S. company said on Monday. Nigerian President Muhammadu Buhari said this month that GE would be investing $2.2 billion in a concession to revamp, provide rolling stock, and manage some of the country’s railways. “Given the […]
The Federal Government has pledged to complete the Lagos to Port Harcourt railway line within two and half years. Minister of Transportation, Rotimi Amaechi, stated this at the First Lagos Traffic Radio Lecture Series held in Lagos. He said as far as mass transportation is concerned, there is evidence to show that inadequacy in transport […]
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 […]
At least 250 coaches and 130 wagons have been rehabilitated and refurbished by the Nigerian Railway Corporation (NRC) under its facilities refurbishment programme. Besides, the corporation is expected to take delivery of unspecified number of new coaches for the standard gauge line from Abuja to Kaduna which is billed to commence operations between February and […]
Eighteen years after construction work commenced on the 276-kilometre standard gauge rail line linking Warri in Delta State to Ajaokuta, Kogi State, the project has not been delivered to the Federal Government. The project, otherwise called the central railway line, was initially planned to be delivered in five years, but it was gathered on Sunday […]
Workers of the Nigerian Railway Corporation have urged President Muhammadu Buhari to appoint a technocrat who knows a lot about the railway as the Minister of Transport, so as to ensure continuity in the infrastructure development of the sub-sector. Secretary General, Nigeria Union of Railway Workers, Segun Esan, said that the rail transport sub-sector required […]
The Osun State Government on Sunday said it would provide free train service for its citizens who would be travelling to Osogbo from Lagos for the Eid-el-Kabir festival. This is contained in a statement issued by the media aide to Governor Rauf Aregbesola, Mr. Semiu Okanlawon, and made available to newsmen in Osogbo. According to […]
As part of efforts to boost economic and trade relations between the two countries, President Boni Yayi of Republic of Benin has offered to build a Railway line all the way from Cotonou to Madakali, a border town with Kebbi State in Nigeria to boost economic relations. A statement issued on Tuesday, August 18, in […]
The immediate past Minister of Finance, Mrs. Ngozi Okonjo-Iweala, has denied allegation that substantial part of the $1 billion China-Exim Bank loan obtained for the Kano-Lagos rail project was diverted under the immediate past administration of Dr. Goodluck Jonathan. The Permanent Secretary in the Ministry of Finance, Mohammed Bashar, had last week, according to the […]
The Federal Capital City Administration, FCTA, has revealed that the ongoing multi-billion Naira Abuja Light Rail Project, is 67 per cent completed. This was disclosed at the special media parley organized at the weekend by the FCT Permanent Secretary, John Obinna Chukwu. Chukwu said the Lots 1A and 3 of the project stretching from kilometer […]
