Buhari Orders 36 State Capitals Be Connected By Rail

Posted on October 20, 2017

President Muhammadu Buhari has given the directive that all the 36 state capitals should be connected with rail in the ongoing railway projects.

The Minister of Transportation, Mr. Rotimi Amaechi said on Thursday at the meeting with the Chairman, Senate Committee on Local and Foreign Debts, Senator Shehu Sani.

The meeting, also attended by the Ministers of Finance, Mrs. Kemi Adeosun; Budget and National Planning, Senator Udoma Udo-Udoma; and Power, Works and Housing, Mr. Babatunde Fashola, was in connection with President Buhari’s loan request of $5.5 billion.

Amaechi said that the central rail line project connecting several communities of northern and southern Nigeria would be completed in June, next year.

According to him, 17 coaches are expected to arrive in November and out of the number, 10 will be deployed to Abuja-Kaduna rail line while the remaining seven will be deployed to the Itakpe-Warri rail line.

Amaechi said that part of the money being requested now for approval by the senate was to execute the rail projects covering Kano-Kaduna, and Lagos-Ibadan networks.

Sani had earlier advised if Nigeria “must borrow, it must borrow responsibly”.

Sani said: “the committee has the mandate to examine the merits and otherwise of the current loan request of $5.5 billion of the president.

“If we must bequeath to the future generation a pile of debt, it must be justified with commensurate infrastructural proof of the value of the debt.

“The payment plan of this debt will undoubtedly last the length of our lifetimes and possibly beyond.

“We must leave behind a legacy that will appease and answer the questions the next generation of Nigerians will ask,” Sani said.

Also providing insight into the loan request, the Director-General, Debt Management Office, Mrs Patience Oniha, explained that the loans have sustainable benefits that would live beyond the present generation of Nigerians.

“What we should take away is that we are going into projects whose benefits don’t go away.

“The roads don’t go away, the schools don’t go away, and the hospitals don’t go away but all that we need to do is to maintain them properly and that is the explanation I want to make on that,” she said.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Notable Niger Delta socio-cultural group, the Orashi National Congress (ONC) has extended its birthday... Continue
ADEOLA OGUNLADE  The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda (AKOD),... Continue
BY MARTHA ESSIENANWAN E Building a business is often about recognising opportunities at the... Continue
The former Managing Director of the National Inland Waterways Authority (NIWA), Dr. George Moghalu,... Continue
*The cleric, decorated as Patron of the association and presented with a Special Award... Continue
It was a gathering of women stakeholders as Hon. Anthony Ikenna Okafor met with... Continue
OMOGBOLAHAN L.A. BABAWALE A Journey of Perseverance, Professional Excellence and National Service The story... Continue
MICHAEL AKINOLA  Some law-abiding residents and homeowners of Fairview Estate, Phase 1, Km 3,... Continue
KINGSLEY EBERE The President-General of the Igbo Speaking Community, Lagos State, Chief Chukwudi Chinye,... Continue

UBA


Access Bank

Twitter

Sponsored