Local content: Over 20,000 Nigerians employed for Lagos-Ibadan rail project – Minister
Minister of Transportation, Rotimi Amaechi says over 20,000 workers have been engaged in the ongoing construction of Lagos-Ibadan rail project. Amaechi disclosed in a statement on Monday that the engagement…
Chinese loans: Amaechi appears before Reps public hearing, says I’m only aware of $1.6bn contract
The Minister of Transportation, Rotimi Amaechi has appeared before the House of Representatives Public Hearing on Treaties and Protocols. Speaking during the hearing in Abuja on Monday, Amaechi disagreed with…
 Lagos-Ibadan rail project delay due to lack of workers on site – Amaechi
Minister of Transportation, Rotimi Amaechi has said funds was not a challenge delaying completion of the 1.6 billion dollar Lagos-Ibadan rail project. Amaechi said in a statement by the Director,…
Our borrowings are justified, used for the development of critical infrastructure – FGÂ
The Federal Government says the funds it has borrowed so far are justifiable because they are being used for the development of critical infrastructure that will benefit Nigerians. The Minister…
Lagos-Ibadan rail operations to begin with 16 trips daily mid Sept. – NRC
The Nigerian Railway Corporation (NRC) says it will commence skeletal operations on the Lagos-Ibadan Standard Guage Rail line from the middle of September with 16 trips daily. The Managing Director…
I did not take loan from China; Ministry of Finance did – Amaechi
Minister of Transportation, Rotimi Amaechi, says neither him nor his ministry ever signed a loan agreement with China, adding that the Ministry of Finance did on behalf of Nigeria. “The…
Minister justifies waiving Sovereignty for $400m China ICT loan
Minister of Transportation, Mr. Rotimi Amaechi, has justified waiving of Nigeria’s sovereignty for the $400 million China loan for the Nigeria National Information and Communications Technology (ICT) Infrastructure Backbone Phase…
We borrow from China because Nigerian banks can’t fund rail project – Amaechi
The Minister of Transportation, Rotimi Amaechi, said Nigerian banks cannot finance the huge sums required to build a modern rail service hence they have to look to China for financing….
Chinese loan: Investigate but let us get the loan first – Amaechi tells NASS
The Minister of Transportation, Mr Rotimi Amaechi, says the ongoing National Assembly (NASS) investigation may frustrate the loan agreement between Nigeria and China to finance the Port Harcourt to Maiduguri…
Buhari approves naming of railway complex after Goodluck Jonathan
President Muhammadu Buhari has approved the naming of the Railway Complex in Agbor – the operational hub of the Itakpe-Warri line – after former President Goodluck Jonathan. This was disclosed…