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Tag: Mr. Rotimi Amaechi

Uncertainty Hangs Over 3,400km Narrow Gauge Rail Project

Uncertainty Hangs Over 3,400km Narrow Gauge Rail Project There is uncertainty over the proposed concession of the 3,400 kilometre narrow gauge line of the Nigeria Railway Corporation (NRC), Daily Trust can report. Investigations by our correspondent revealed that the Federal Government and the consortium of companies...

Insecurity Threatens $14bn Maritime Sector Earnings – FG

Insecurity Threatens $14bn Maritime Sector Earnings – FG The Federal Government has declared that the annual earnings of $6bn in freight cost and $8bn in oil and gas and other maritime activities have come under threat from pirate attacks, oil theft and other illegal activities...

We want To Expand Warri-Itapke Rail Line To Abuja – Amaechi

We want To Expand Warri-Itapke Rail Line To Abuja – Amaechi ...Negotiates $6.7bn Loan For Ibadan-Kaduna Line The Minister of Transportation, Mr. Rotimi Amaechi, has said the 323km Itapke-Warri standard gauge rail line will be extended to Abuja if President Muhammadu Buhari approves the extension. The minister...

FG Seeks $15b Loan To Complete Port Harcourt-Maiduguri Rail Project

FG Seeks $15b Loan To Complete Port Harcourt-Maiduguri Rail Project   The Federal Government is negotiating a $15 billion loan to complete the Port Harcourt-Maiduguri rail project. Minister of Transportation, Rotimi Amaechi, disclosed this yesterday after a closed-door meeting with President Muhammadu Buhari at the Presidential Villa,...

New Transport Policy Underway- FG

New Transport Policy Underway- FG The federal government has reiterated its commitment to ensure better lives for all Nigerians as a new transport policy gets underway as part of efforts to galvanize the economy for sustainable development. Transportation Minister, Mr Rotimi Amaechi stated this while receiving...

FG to Concession Narrow Gauge Lines to General Electric

The Minister of Transportation, Mr Rotimi Amaechi, said that negotiations were ongoing for the concessioning of the narrow gauge lines across the country to General Electric (GE). Amaechi, who made this known in an interview with the News Agency of Nigeria (NAN) in Abuja, said...