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Tag Archives: China Exim Bank

Nigeria: Boosting the Rail Transport System

Chiemelie Ezeobi writes that in boosting the rail system, the government is determined to ensure provision of an efficient and affordable transportation that would serve as backbone to the economic and industrial development of the various sectors given the viable alternative it offers to road transport Without gainsaying, the rails …

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The Changing Face of Transportation

Amaechi after inspecting one of the bullet trains in China The Ministry of Transport under Mr. Rotimi Amaechi is making remarkable progress amid staggering uncertainty in the body polity, writes Shola Oyeyipo Since the President Muhammadu Buhari administration came into power in 2015, quite a number of Nigerians expected some …

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Boosting the Rail Transport System

Chiemelie Ezeobi writes that in boosting the rail system, the government is determined to ensure provision of an efficient and affordable transportation that would serve as backbone to the economic and industrial development of the various sectors given the viable alternative it offers to road transport Without gainsaying, the rails …

Read More »

Nigeria: Loan Approval Delays Work On Ibadan-Kano Rail Line

The commencement of work at the Ibadan to Kano rail line has been stalled after it was approval by the Federal Executive Council (FEC) due to non-availability of a loan expected from China Exim Bank for the project. This was revealed by the minister of Transportation, Rotimi Amaechi, who explained …

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FG saves $800million from Lagos/Calabar rail project

The Federal Government and China Civil Engineering Construction Company (CCECC) have signed an agreement to commence work on Lagos to Calabar coastal rail project. The project, which was initially awarded during former President Goodluck Jonathan’s administration at the rate of $11.917billion, has been renegotiated to $11.117 billion following the drop …

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FG to undertake massive rehabilitation of railways

The Federal Government has unveiled plans for a comprehensive rehabilitation of existing railways across the country. Idris Umar, the minister of transport, speaking at the opening of the National Council of Transport meeting in Lagos on Thursday, said while works had been completed on some of the rail lines, a …

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