Maritime Security: FG Plans To Spend N8.9bn On Boat Rentals
The Federal Government through the Federal Ministry of Transportation is proposing to spend a whopping N8.7billion annually as rentals for fast intervention boats with which it hopes to tackle maritime crimes on the nation’s coastal...
Deep Blue Project: Minister Threaten To Withhold Contractor’s Fee
The Minister of Transportation, Mr. Rotimi Amaechi, has threatened to withhold the balance of the contract fees of the Deep Blue Project if all the terms of the project were not met.
Speaking during an inspection tour...
FG Okays N479bn For Agric Mechanization, N47.9bn For Others
The Federal Executive Council (FEC) on Wednesday approved a $1.2 billion loan facility to finance the mechanisation of agriculture nationwide.
This is even as the Council also approved N683 million for the Nigerian Ports Authority for the...
20 New Rail Coaches’ll Arrive In Six Weeks – Amaechi
The Minister of Transportation, Mr Rotimi Amaechi, has said 20 new coaches for the Abuja-Kaduna and the Lagos-Ibadan rail lines will arrive in the country in about six weeks.
He disclosed this while fielding questions from...
FG Requires $45bn To Fix Transportation Infrastructure - Amaechi
The Minister of Transportation, Mr. Rotimi Amaechi, has said the federal government requires $45bn to fix the country’s transportation infrastructure, adding that rail infrastructure is a capital intensive sector.
Explaining the amount spent so far on rail...
Railway Concession: FG, Transnet In Talks Over Deal
The Federal Government is in talks with Transnet for the nation’s railway concession after General Electric handed the leadership of the consortium to the South African firm, the Minister of Transportation, Mr Rotimi Amaechi, said on Sunday.
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