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Fed Govt, US Firm Sign MoU On $15bn Rail Project

Fed Govt, US Firm Sign MoU On $15bn Rail Project   The Federal Government, through the Ministry of Niger Delta has signed a deal with a United States based firm, Atlanta Global Resources Inc, for the construction of a $15bn rail project that will stretch across...

FG Commences Negotiation For P’Harcourt-Maiduguri Rail Project

FG Commences Negotiation For P’Harcourt-Maiduguri Rail Project   The Federal Government has started negotiations for the commencement of the construction of the Port Harcourt to Maiduguri rail line, the Minister of Transportation, Rotimi Amaechi, has said. He said the ongoing negotiations were between Nigeria and the Chinese...

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...

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,...