NIGERIA HOUSE OF REPS CALLS FOR URGENT NEED TO CONSTRUCT RAIL LINE

NIGERIA HOUSE OF REPS CALLS FOR URGENT NEED TO CONSTRUCT RAIL LINE

The House of Representatives Committee on Commerce has called for the urgent need to construct a rail line through the Lekki Free Trade Zone to avoid the traffic gridlock associated with the Apapa Port. The deputy chairman of the committee, Hon. Richard Gbande, during an inspection of the Lagos Free Zone, Lekki Free Zone, and the Dangote Free Trade Zone Enterprises, described the Lekki FTZ as the country’s new economic powerhouse harboring 25 billion US…

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CAPE TOWN CENTRE LINE RAIL REPAIR TO COST R2.5BILLION

CAPE TOWN CENTRE LINE RAIL REPAIR TO COST R2.5BILLION

Acting CEO of the Passenger Rail Agency of South Africa (Prasa), David Mphelo has noted that costs for work done on the Central Line in Cape Town are exceeding initial estimates by almost 100%. The start of the project was originally hindered by 8000 people who have made homes for themselves in and around the central line. However, all that was resolved before the project took effect. The repairs which is one of the biggest…

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US$40 BILLION REQUIRED FOR COMPLETION OF LAGOS-IBADAN RAIL PROJECT

US$40 BILLION REQUIRED FOR COMPLETION OF LAGOS-IBADAN RAIL PROJECT

Federal Government needs US$40 billion to complete Lagos-Ibadan rail project. Nigerian Minister of Transportation, Rotimi Amaechi, said the Federal Government will be needing US $40bn to finance the ongoing Lagos-Ibadan railway project. The project have been scheduled to finish this year (2018) and so Government are currently negotiating with the contractors handling the project to raise funds. Rotimi Amaechi said between US $36bn and US $40bn will be needed, and its source is not certain at the moment,…

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CONSTRUCTION OF LAGOS-IBADAN RAIL LINE TO START IN DECEMBER

CONSTRUCTION OF LAGOS-IBADAN RAIL LINE TO START IN DECEMBER

Lagos-Ibadan rail line construction to begin in December 2017. The Minister of Transportation, Rotimi Amaechi, disclosed that the laying of tracks for the Lagos-Ibadan rail line will be kick started in December 2017. Parts of the rail line will be arriving Nigeria by the end of November. According to the Minister; due to the construction of the rail line, there will be demolition of some existing assets like water pipes, gas pipes, houses, electric cables,…

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