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...

FG Approves $1.6bn New Warri, P/Harcourt Ports   Two new seaports costing $1.6bn are to be developed by the Federal Government in the South-South as part of efforts to decongest the Lagos ports, the Minister of Transportation, Rotimi Amaechi, has said. He said the two ports would...

Nigeria, Russia Sign MoU On Railway Infrastructure   Nigeria on Wednesday signed a Memorandum of Understanding with Russia for the modernisation and development of Nigeria’s railway infrastructure. Both countries signed the MoU at the ongoing Russia, Africa Economic Forum in Sochi, Russia. A statement by the Federal Ministry...

FG, China Sign $3.9bn Contract For Abuja-Itakpe-Warri Rail     The Federal Government has signed a $3.9bn contract with the China Railway Construction Corporation Limited for the construction of a new Abuja-Itakpe-Lokoja rail line. The rail line will pass through Baro and have a branch line to Lokoja,...

Govt Targets N300bn Revenue From Maritime Sector   The Federal Government has declared its intention of enabling the maritime sector to contribute over N300 billion to the national coffers, through restoration of safety and security on the waters. The Minister of Transportation, Rotimi Amaechi, who disclosed this...

Nigeria Loses $25bn Anually To Illegal Bunkering, Others - Amaechi   Nigeria loses about $25bn yearly to illegal oil bunkering, piracy and other illegal businesses on Nigerian waters, a former Minister of Transportation, Mr Rotimi Amaechi, has said. Amaechi said perpetrators of illegal oil bunkering in Nigeria...