Customs Tin-Can Island Command generates N112.7 billion in Q1 2021

Customs Tin-Can Island Command generates N112.7 billion in Q1 2021

The Minister of Transportation, Rotimi Amaechi, has stated that the Federal Authorities is about to begin 4 new rail line tasks in varied components of the nation.

The listed rail line tasks embody Ibadan-Kano, Port Harcourt-Maiduguri, Kano-Maradi and Lagos-Calabar rail traces.

This disclosure was made by Amaechi whereas talking on the annual ministerial press briefing on programmes, tasks and actions of the Federal Ministry of Transportation and its companies on Friday in Abuja.

READ: FG to completely launch E-ticketing platform for NRC subsequent week

What the Minister of Transportation is saying

Though the Minister introduced that the Federal Authorities was about to start out the rail traces challenge, he was not particular on the precise dates the tasks would begin.

Amaechi, in his assertion, stated, “We’ve awarded the next contracts and we’re about to start out and we have now even tried to resolve the monetary issues. It’s because we have now the issue of getting to rent consulting engineers.

READ: $2 billion Kano-Maradi rail could be accomplished in 36 months – FG

“Those we’re about to start out embody Ibadan to Kano, we’re ready for funds from China. We’re about to start out Port Harcourt to Maiduguri, we’re ready for the cupboard to approve consulting shares. We’re additionally to start out the Kano-Maradi and Lagos to Calabar.

“However one factor that’s distinctive about these contracts is that the president early sufficient directed that every one rail traces should stagnate on the seaports.

“That’s the reason there could also be a little bit of adjustment within the pricing of Kano-Maradi as a result of we have now to regulate it to hyperlink as much as Kano-Lagos in order that it may well terminate at Lagos seaport.’’

The Minister identified that the 185.5km Lagos-Ibadan double commonplace gauge line with extension to Apapa seaport was nearing completion, whereas the 186km Abuja-Kaduna and 302km Warri-Itakpe commonplace gauge traces had been accomplished and have been practical.

READ: FG urges contractors to finish Ebute Meta–Apapa seaports railway extension by January 2021

What this implies

  • The varied rail line tasks are a part of the bold plan by the Federal Authorities to create a nationwide rail community that’s supposed to assist in the nation’s diversification efforts, away from crude oil.
  • A few of these rail tasks may even assist to decongest the Apapa ports in Lagos and function a route for the import and export of products within the West African sub-region.
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