FG needs $656m to complete Lagos-Ibadan rail line – Amaechi – Newstrends
Connect with us

Railway

FG needs $656m to complete Lagos-Ibadan rail line – Amaechi

Published

on

The Minister of Transportation, Rotimi Amaechi, has said the Federal Government will require $656m to complete the Lagos-Ibadan railway standard gauge project.

Amaechi stated this while defending his ministry’s 2021 budget before the National Assembly Joint Committee on Land and Marine Transport.

The minister said the amount was needed to put in place additional infrastructure for the project to serve its intended purpose.

He also said that the Ibadan-Kano railway project required an injection of $645.3m as advance payment to enable the Federal Government to complete its loan signing agreement with the China Exim Bank.

Amaechi said, “Under the railway modern programme, I am happy to report that the construction of the Lagos-Ibadan Standard Gauge line has reached 92 per cent project completion.

“However, for the project to achieve full loan drawdown from our co-financier, China EXIM Bank, and attain practical completion for it to be used for the intended purpose, some aspects of work involving construction of upgraded railway stations, signalling and telecommunication system, power supply scheme and construction of pedestrian and overpass bridges have to be completed.

“This additional and extra work amounting to $656m which is to be financed 100 per cent by the Federal Government of Nigeria has been approved by the Federal Executive Council for implementation.

“Similarly, for the implementation of the Ibadan-Kano railway, which is the outstanding segment of the Lagos-Kano railway project, one of the conditions precedent to signing of the loan agreement is the release of advance payment in the sum of $864m, out of which government has released the sum of $218.7m, leaving a balance of $644.3m.”

According to him, the government planned to complete the fencing of the Abuja-Kaduna railway line for security purposes.

Amaechi stated that the Itakpe-Ajaokuta-Warri railway project, which was recently commissioned by the President, Major General Muhammadu Buhari (retd), still had an outstanding amount to be paid on the project.

He added that the ministry would commence the reconstruction and rehabilitation of the Port-Harcourt-Maiduguri (Eastern Narrow Gauge railways) next year.

The minister also said the construction of the central railway from Itakpe to Abuja and a 378km single track standard gauge rail line traversing Kano, Katsina and Jibiya with a 20km extension to Maradi in Niger Republic had been slated for next year.

Railway

Our medical team tried to rescue policeman who died on Abuja-Kaduna train – NRC 

Published

on

Our medical team tried to rescue policeman who died on Abuja-Kaduna train – NRC 

 

The Nigerian Railway Corporation has reacted to the death of policemen while on escort duty aboard the Abuja-Kaduna train on April 5, saying the deceased received medical attention on the train.

It said this in a statement on Tuesday.

The police escort attached to the train was said to have died on the train conveying passengers from Kaduna to Abuja last Thursday.

The police officer reportedly complained of chest pain before he collapsed and died.

Some have accused the NRC of not having medical personnel on board.

But the NRC said there was a medical doctor on duty on the train when the incident happened.

It disclosed that the official was also assisted by a passenger, also a medical practitioner.

The statement read in part, “The NRC management wishes to emphatically inform the general public that we have well trained medical personnel and equipped medical cubicle to attend to any emergency health challenges of our esteemed passengers.

“For the avoidance of doubt, the medical personnel on duty was Mariam Abdulai who was assisted by a good Samaritan medical practitioner that happens to be our passenger on board to revive the ailing cop but was in futility.

“The management of the NRC expresses its heartfelt condolence to the bereaved family of the late police inspector, Nambut Selbol, who was escort on duty in Abuja – Kaduna train service on that fateful day.”

Continue Reading

Railway

Abuja metro rail 97% ready, says Wike after 30-minute ride

Published

on

Wike in 30-min ride on Abuja metro train, says it’s 97% ready

Minister of the Federal Capital Territory (FCT), Nyesom Wike, on Friday undertook a 30-minute ride on the Abuja metro train after an inspection of the intra-city rail project.

The train ride was done after an inspection tour from the Metro Station in Central Area to the Nnamdi Azikiwe International Airport, Abuja.

He disclosed that the Rail Mass Transit (ART) project was 97 per cent ready.

Wike President Bola Tinubu would be happy to commission the Abuja Rail Mass Transit project in May.

The minister described the development as a “dream comes true”.

He said the project would be ready for inauguration to celebrate Tinubu’s one year in office.

Wike said Tinubu had approved the schedule for the inauguration of projects in the FCT.

The minister said, “We are very happy. We are almost 97 per cent completed. All works are ongoing to make sure that the May delivery date is a reality.

“I believe this is one of the projects Mr President would like to inaugurate, because it is very key to the development of the economy.

“For me, it is a dream come true, and we are happy that after all said and done, the metro line will be put to use for Nigerians, come May 29″.

After the test ride from the Metro Station to the Airport, the minister declared that it would be more convenient to use the train than vehicles to go to the airport.

He added, “I am really impressed with the contractor, China Civil Engineering Construction Corporation (CCECC).

“The company has assured us that all the renovation works on the stations will be ready before the commissioning date.”

Continue Reading

Railway

Cargo trains lifted NRC revenue to N6.05bn in 2023 – NBS

Published

on

Nigerian railway generated N6.05bn in 2023 – NBS report 

The Nigerian Railway Corporation (NRC) generated a total revenue of N6.05 billion in 2023, largely buoyed by cargo trains.

This is an increase of 8.8 per cent over N5.56 billion recorded in 2022, according to latest report by the National Bureau of Statistic (NBS) on Rail Transport.

Despite the initial hiccups, since the Minister of Transportation, Senator Saidu Alkali, inaugurated the first cargo movement from the Lagos-Ibadan rail corridor in September last year, the freight train has enjoyed good patronage.

The NBS report showed the volume of cargo and revenue in 2023 rose by 102.04 percent and 144.32 percent respectively compared to the figures in 2022.

It specifically stated that the revenue generated in 2023 comprised N4.42 billion from passengers; N1.07 billion from cargos and N565.84 million from other income receipts.

The data also indicated that the number of cargos\goods transported by rail during the period stood at 317,244 tons while the number of passengers was 2.18 million tons.

However, the report showed that in Q4’23, the number of passengers fell by 49.7 percent to 672,198.

Part of the NBS report read, “In Q4’23, a total of 672,198 passengers travelled via rail system relative to 1,337,108 reported in the corresponding quarter of 2022, indicating a growth rate of -49.73 percent.

“The volume of goods/cargos transported in Q4’23 stood at 119,286 tons compared to 53,136 tons recorded in Q4’22.

“In terms of revenue generation, N1.07 billion was received from passengers during the reference period, showing a decrease of 7.51 percent from the N1.15 billion recorded in the same quarter of the previous year.

“Similarly, N423.22 million was collected from goods/cargos conveyed in Q4’23, up by 169.16 percent from N157.23 million received in Q4’22.

“In addition, other receipts amounted to N393.72 million, indicating an increase of 3.02 percent in Q4’23 from the N382.17 million collected in Q4’22.

“However, on an annual basis, the number of passengers in 2023 fell by 32.08 percent compared to the previous year.

“The revenue received from passengers declined by 2.64 percent in 2023, while volume of cargo and revenue rose by 102.04 percent and 144.32 percent respectively relative to 2022.”

Continue Reading

Trending

Skip to content