Tinubu To Scrap Multiple Taxes, Hints Of Rail, Housing, Aviation Expansion   The Presidential Candidate of the All Progressives Congress, Asiwaju Bola Ahmed Tinubu, has promised to scrap multiple taxations and hinted of rail and aviation expansions. Tinubu made the declaration at a stakeholders’ consultation session with...

Fed Govt To Move Petrol, Cooking Gas By Rail   The Federal Government is working to ensure the movement of petrol and cooking gas by rail, the Petroleum Equalisation Fund Board, said on Wednesday. Poor maintenance and vandalism have left many government-owned fuel depots and pipelines idle...

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. Last...

Ibadan-Kano Rail: FG Negotiates $6bn Chinese Loan The Federal Government is currently negotiating a loan of about $6bn with the China Export-Import Bank for the construction of the Ibadan-Kano rail line. It has also approved $195m for the security of Nigeria’s waterways by an Israeli firm...

Lagos-Ibadan Rail: FG To Utilize 16 Locomotives, Others The Federal Government will utilize about 16 locomotives, 40 coaches and 120 wagons in the standard gauge Lagos-Ibadan rail line that is currently under construction. It was gathered that the government had placed orders for the fabrication of...

Rail Projects: Investor To Provide $10bn For Construction A United States-based investor, Ameri Metro Incorporation, on Monday declared its readiness to provide $10bn for the construction of speed rails in Nigeria. The firm told the Federal Government that it had the capacity to fund rail projects...