FG Plans New Obudu – Lagos Railway Line – Amaechi

In Breaking News, National News, Politics, Reports

By CrossRiverWatch admin

nrc

Nigeria is to open a new railway network from Obudu in Cross Rivers State, run¬ning through the coastal states of Akwa Ibom, Rivers, Bay¬elsa, Delta, Anambra, Edo and terminating at the Lagos port, according to Transport Minister, Rotimi Amaechi.

The Obudu to Lagos coastal railway network is to be inaugurated as a fresh project with new train ter¬minal stations to be cited in Uyo, Otuoke, Warri, Onitsha, Benin, Ore, Ijebu-ode and Lagos.

The minister also dis¬closed plans to commit mas¬sive funds into ensuring the seamless linkage of Lagos and some South West, North Central states with a railway line that would termi¬nate in Kano.

Amaechi, who stated this while briefing journalists in Lagos yesterday, also dis-closed plans to complete the terminal buildings of four in¬ternational airports located in Port Harcourt, Abuja, Kano and Lagos before the end of December 2016. He said the railway projects would create about 250,000 direct jobs for Nigerians.

Amaechi said a vibrant transport sector was impera¬tive in the county’s effort to diversify its economy from crude oil and solve the coun¬try’s unemployment crisis.

He, however, lamented the poor contribution of the trans¬port sector, about 1.4 per cent to the nation’s GDP, noting that years of neglect on the sector by successive regimes had resulted in the decay of infrastructure and non-prof¬itability of the most of the agencies and parastatals.

According to him, given the poor state of revenue earnings by the country, most of the projects listed for the transport sector would have to be undertaken under a pri-vate public partnership deal.

“There is an urgent need to boost the contribution of transport sector to national GDP and we are looking for funds. We will fully exploit the potentials and legislation to open up new investments,” Amaechi said.”

He said a significant amount of money would have to come from the private sector and that the government may need to con¬cession if need be,” he added.

Amaechi, who commended the Federal Airports Author¬ity of Nigeria (FAAN) for the judicious use of earmarked funds into the various airport projects, however, demanded that the agency should com¬mence the construction of a new national headquarters anywhere around the Lagos international airport.

According to him, the ma¬jor policy thrust of the Buhari government is anchored on security and safety. “For us, security and safety at the air¬ports and airlines or flights is non-negotiable,” he said.

The Sun.

Since You Are Here, Support Good Journalism


CrossRiverWatch was founded on the ideals of deploying tech tools to report in an ethical manner, news, views and analysis with a narrative that ensures transparency in governance, a good society and an accountable democracy.

Everyone appreciates good journalism but it costs a lot of money. Nonetheless, it cannot be sacrificed on the altar of news commercialisation.

Consider making a modest contribution to support CrossRiverWatch's journalism of credibility and integrity in order to ensure that all have continuous free access to our noble endeavor.

CLICK HERE

New Feature: Don't miss any of our news again.Get all our articles in your facebook chat box.Click the Facebook Messenger Icon below to subscribe now

Text Advert by CRWatch :Place Yours

Will You To Learn How To Make Millions Of Naira Making Special Creams From Your Kitchen?.Click Here


Expose Your Business And Make More Sales. Advertise On CrossRiverWatch.com Today

You may also read!

HAPPENING NOW: Protest Against Ayade’s Delisting Of 3,000 Workers From State Payroll Enters Day 2

By Patrick Obia The protest by dozens of civil and public servants who were delisted from the payroll of

Read More...

JUST IN: Mob Lynches Suspected Armed Robber In Calabar

By CrossRiverWatch Admin At least one suspected robber has died after been lynched by a mob Monday night in

Read More...

Protests Against Ayade’s Delisting Of 3,000 Workers From Payroll Continues Tomorrow

By Patrick Obia The demonstration by hundreds of civil and public servants who were delisted from the payroll of

Read More...

Leave a reply:

Your email address will not be published.

Mobile Sliding Menu

Share this now