FG Okays $5.3bn For Ibadan-Kano Rail Project

The Federal Government has approved construction of the $5.3bn Ibadan to Kano standard gauge rail line project.

This was disclosed on Thursday by the Minister of Transportation, Rotimi Amaechi,  at the third Maritime Stakeholders Interactive Forum.

“Just yesterday, we got approval to complete the $5.3bn Ibadan to Kano rail project.

“We have also applied for funding to commence coastal rail for the Port Harcourt to Warri segment,” he said.

Amaechi explained that the minister of Transportation, State, Gbemisola Saraki, has been assigned the responsibilities of overseeing all the maritime agencies. He will be focusing on the Railway sector.

FG Okays $5.3bn For Ibadan-Kano Rail Project

“In my first term as Minister, I completely abandoned the maritime sector to the Heads of agencies.

“This time around that would not be happening again as I have instructed that the Minister of Transportation for State should personally supervise the maritime agencies, while I just oversee what is happening.

“There are two things that I have discussed with President Muhammadu Buhari that I will be focusing on in this second term as a Minister and they are maritime security and the Single Window project. I have assured the government that by the end of 2020, we should have the Single Window at our maritime sector.

“On maritime security, I have told the Israeli firm HSLI that they are too slow. By now, they should have launched. I want to know the situation of things with the aspect of security on our maritime space.”

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