FG approves $2.3bn for coastal rail line development - News Summed Up

FG approves $2.3bn for coastal rail line development


Okechukwu Nnodim, AbujaThe Federal Government has approved the sum of $2.3bn for the development of a coastal rail line that will run through coastal states in the country. The Minister of Transportation, Rotimi Amaechi, who disclosed this during his valedictory press conference in Abuja on Thursday, explained that the rail line would transverse Lagos, Delta, Anambra, Benin, Rivers and Cross River states, with connections to the central rail line that goes to Abuja. He said, “The government has approved for us to seek a loan of $1.8bn to start work on the coastal rail. The Port Harcourt-Warri line will join the central line at Warri. The Benin-Onitsha line will join the central line at Agbor.


Source: Punch May 24, 2019 03:00 UTC



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