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FG approves $5.3bn for completion of Ibadan-Kano rail project

The Federal Government has approved 5.3 billion dollars for the completion of Ibadan-Kano rail project.

The Minister of Transportation, Rotimi Amaechi, announced this in a statement issued by his media aide, Israel Ibeleme, on Thursday.

The statement quoted Amaechi after the 3rd Maritime Stakeholders Interactive Forum held in Lagos.

He said: “Yesterday, we got approval to complete the 5.3billion dollar Ibadan to Kano rail project and we have also applied for funding to commence coastal rail for the Port-Harcourt to Warri segment.”

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.

He said: “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 government that by the end of 2020, we should have the Single Window at our maritime sector.”

Farouk Mohammed

Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 5 years and focused more on Local/World News on Okay.ng
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