Minister of Transportation, Rotimi Amaechi says Federal Government
requires a total of $166 billion in the next five years to meet the
country’s energy and transport infrastructure needs. Amaechi gave the
figure while speaking at a public hearing in the House of
Representatives on a Bill for an Act to Repeal the Nigerian Railway
Corporation Act yesterday May 23rd.
Amaechi revealed that the Federal Government and General Electric had
concluded arrangements for the commercialization of the Lagos-Kano
railway project.
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