Railway
Nigeria turns to Europe for $1.9bn Kano-Maradi rail funding
Construction work on $1.9bn Kano-Maradi (Niger Republic) rail line will start on Tuesday (tomorrow) after the inauguration of the project by President Muhammadu Buhari, Minister of Transportation, Rotimi Amaechi, has said.
He also said the bulk of the funds for the project would be sourced from Europe.
Amaechi spoke on a Channels Television programme, Sunday Politics, February 7, 2021.
The project, he said, was one of Nigeria’s strategic attempts to position the country to take advantage of Niger’s landlocked status as it connects Kano to Apapa port in Lagos.
The minister said, “The project is going to cost us $1.9bn and we will source it from mostly Europe.”
The just constructed 156-kilometre Lagos-Ibadan standard gauge railway was funded by a $1.3 billion loan from the Export-Import Bank of China and about $182 million from the Nigerian government. Similarly, China is expected to provide 85 per cent of the $5.3bn for the construction of new Ibadan-Kano railway.
Amaechi, however, noted that the country had not secured the money, stressing that “we are about concluding.”
He had in tweet on Friday said President Buhari would on Tuesday, February 9, 2021, perform the ground-breaking ceremony of the Kano-Maradi, Kano-Dutse railway project.
This is coming after the approval of about $1.9bn by the Federal Executive Council in September 2020, for the rail line and the subsequent signing of the contract documents for the commencement of the project last month.
The minister also on the Channels TV programme spoke on how long it would take the country to repay the loan.
He said, “That is the responsibility of the Ministry of Finance. When we would pay; what are the terms of agreement for the loan and all that would be the responsibility of the Ministry of Finance.
“So, that question can be directed to the Minister for Finance. For us in Transportation, our job is to work with the Ministry of Finance to procure the loan and commence construction and we think we would commence construction on Tuesday.”
He stated that the project would open up the country to more investment, arguing that it was in Nigeria’s best interest for the Kano-Maradi railway to be constructed.
Amaechi said, “The interest is national; the interest is about Nigeria. The Maradi terminal is just 20 kilometres away from Nigeria; just 20 kilometres. So, there is no huge investment like Nigerians are thinking.”
According to the minister, the Lagos-Kano commercial corridor transports 30,000,000 tonnes of cargo annually, with only 200,000 of that currently carried by rail and the rest by road.
The railway project is expected to connect three Nigerian northern states, namely: Kano, Katsina and Jigawa and then terminate at Maradi, Niger Republic.
“We are pleased to announce the groundbreaking of the Kano-Maradi, Kano-Dutse Railway Project, slated for Tuesday, our President, Muhammadu Buhari would do the honours. Work begins,” he stated.
The Federal Government had about three weeks ago, during the signing of the Memorandum of Understanding with Mota-Engil Group, the contractors for the project, disclosed that the Kano-Maradi railway project would be completed within 36 months.
The rail line is expected to help Nigeria compete favourably with other coastal countries of West Africa in servicing the landlocked countries in the area of movement of cargoes and make Lagos ports viable.
Railway
Lagos Rail Mass Transit part of FG free train ride – NRC
Lagos Rail Mass Transit part of FG free train ride – NRC
The Nigerian Railway Corporation (NRC) has disclosed that the Lagos Rail Mass Transit (LRMT) trains are included in the Federal Government’s free train ride initiative for the Christmas and New Year celebrations.
The LRMT, which currently includes the Phase 1 Blue Line Rail and the Phase 1 of the Red Line Rail, operates under the Lagos Metropolitan Area Transport Authority (LAMATA).
This announcement was made by Ben Iloanusi, the Acting Managing Director of the NRC, during an interview on NTA News TV on Friday, following the launch of the initiative earlier that day.
While Iloanusi stated that Phase 1 of both the Blue Line and Red Line Rail projects are part of the program, LAMATA has yet to confirm this inclusion.
READ ALSO:
- Nigeria denies alleged plot to destabilise Niger Republic
- Navy arrests 19 Nigerians attempting to reach Europe by hiding on ship
- Troops arrest four Ambazonian rebels in Taraba
Iloanusi outlined the other routes benefiting from the scheme, which include the Lagos-Ibadan Train Service, Kaduna-Abuja Train Service, Warri-Itakpe Train Service, Port Harcourt-Aba Train Service, and the Bola Ahmed Tinubu Mass Transit in Lagos. Notably, little was previously known about the Bola Ahmed Tinubu Mass Transit service until this disclosure.
“Let me mention the routes where this free train service is happening. We have the Lagos-Ibadan Train Service, we have the Kaduna-Abuja Train Service, we have the Warri-Itakpe Train Service, we have the Lagos Rail Mass Transit trains, we have the Port Harcourt-Aba Train Service, and we have what we call the Bola Ahmed Tinubu Mass Transit, which is also in Lagos,” he stated.
Iloanusi provided operational updates, stating that passengers nationwide can access free tickets online or, for those unable to do so, at train stations where they will be profiled and validated.
He noted that passengers using NRC-managed services (excluding the Lagos Rail Mass Transit) should reserve tickets via the official website, www.nrc.gov.ng, with a valid ID required. He also advised travelers to plan, arrive on time, and bring valid identification.
Lagos Rail Mass Transit part of FG free train ride – NRC
Railway
NRC announces special Xmas, end-of-year train service
NRC announces special Xmas, end-of-year train service
The Nigerian Railway Corporation (NRC) says it will operate an end of the year special train service on all its routes across the country.
It announced this in a statement on Wednesday by its Deputy Director, Public Relations, Yakub Mahmood, saying it was in compliance with the Federal Government’s directive through the Federal Ministry of Transportation.
It however did not indicate if the special train service would be free or not.
The Federal Government last year similarly declared special train services for Christmas and New Year, which were made free for all users.
The statement added the modality for this year’s special service would be released soon.
The latest statement read, “The management of the Nigerian Railway Corporation (NRC), in compliance with the Federal Government’s directive through the Federal Ministry of Transportation, hereby informs the general public that the NRC shall operate end of the year special train services in commemoration of Christmas and New Year celebrations.
“This end-of-the-year special train service on scheduled passenger trains, is part of the government’s gesture towards an enjoyable end of the year celebration.
“Dates and modalities of the end-of-the-year Special Train Service shall be communicated in due course. We wish all our esteemed customers a Merry Christmas and a Happy New Year in advance.”
Railway
FG hands over $3bn Port Harcourt-Aba railway project to NRC
FG hands over $3bn Port Harcourt-Aba railway project to NRC
The 62-kilometre, $3.02 billion Port Harcourt-Aba railway project has been completed by Federal Government and handed over to the Nigerian Railway Corporation (NRC).
The Port Harcourt-Aba section is part of the larger Port Harcourt-Maiduguri eastern narrow gauge railway project, initiated under the administration of President Muhammadu Buhari.
The project supervisor, Federal Ministry of Transportation, Ayo Dada, formally transferred the railway to the NRC during a brief ceremony held on Thursday in Port Harcourt.
He said that the project, completed in May, had significantly improved passenger movement between Rivers and Abia, thereby enhancing their economies.
“The assets handed over include dismantled tracks measuring 283.060 km, rehabilitated and reconstructed 62.800 km of subgrade and the laying of 62.800 km of rail for the main line,” Dada said.
“This includes the laying of rail for sliding lines covering 5.690 km and the reconstruction of 27 sets of turnouts at Port Harcourt, Elelenwo, Obuzor, Umugo and Aba Stations, among others.”
Dada said that with the handover of the Port Harcourt–Aba section, the Federal Government would focus on the Port Harcourt–Maiduguri phase of the project.
READ ALSO:
- Naira appreciates to N1,740/$ in parallel market
- Reform Bills propose 55 per cent VAT revenue for states
- Nigeria ranks 4th among Africa’s most improved visa friendly nations
“The contractor has submitted the technical specifications and maintenance manual for the Port Harcourt–Aba section to the consultants.
“The ministry is committed to completing this project, which will foster national development,” he said.
The Managing Director of the NRC, Ben Iloanusi, commended the Federal Government and the ministry of transportation for the timely completion and transfer of the project.
Iloanusi, represented by the NRC Deputy Manager (Civil), Adesegun Ogunade, said that the railway had greatly benefited Nigerians seeking affordable transportation options.
“The rail line, now in operation, has started mitigating the impact of high transportation costs caused by economic challenges,” he said.
“Train services have been running for some time and passengers have reported that it has made commuting between Port Harcourt and Aba more convenient, faster and cheaper.
“People are already experiencing the benefits of this government’s policies and programmes.’’
He assured that the Port Harcourt–Maiduguri section would also be completed in due course, emphasising that adequate security arrangements had been made to ensure the safety of workers and passengers.
FG hands over $3bn Port Harcourt-Aba railway project to NRC
-
Railway15 hours ago
Lagos Rail Mass Transit part of FG free train ride – NRC
-
metro2 days ago
Court stops customs from seizing imported rice in open market
-
metro3 days ago
FG transfers electricity market regulatory oversight in Lagos to LASERC
-
metro2 days ago
Ibadan stampede: Tinubu orders probe as death toll hits 40
-
metro2 days ago
Afe Babalola: Court grants Dele Farotimi bail, barred from media interviews
-
metro16 hours ago
NIMC warns against extortion, reaffirms free NIN enrollment
-
metro1 day ago
Ibadan stampede: Ooni reacts after arrest of ex-wife
-
News2 days ago
Adebayo Ogunlesi, 2 other Nigerians make Forbes 50 wealthiest Black Americans list 2024
You must be logged in to post a comment Login