News
Buhari explains construction of rail line to Niger Republic
Published
4 years agoon
By
Olu EmmanuelPresident Muhammadu Buhari on Tuesday explained that the construction of the Kano – Maradi rail line is to benefit Niger Republic, provide the country cheap transportation for its import and export businesses. The president revealed that the project, when completed, would serve import and export of goods for Niger Republic and other countries in the sub-region through Nigerian ports.
He said that the connection to Niger Republic through rail will also foster Trans-Sahara trade and contribute to the expected gains in the African Continental Free Trade Area Agreement. The country, he said, would earn revenue through expansion of trade and commerce, while the people of Niger Republic will benefit from ease of transportation logistics at affordable cost in their import and export business.
President Buhari also said that the project was identified as a viable rail line that will significantly enhance the movement of passengers and freight to the hinterland, especially, raw materials from both agricultural and mineral resources for industries in Nigeria.
President Buhari in his inauguration speech on Tuesday expressed his delight to preside over the groundbreaking ceremony for commencement of the construction of yet another vital transportation infrastructure.
He noted that the rail line traverses the major commercial and administrative centre of Kano and passing through other economic hubs of the country, including Kazaure, Daura, Katsina and up to the border town of Jibiya and the Niger Republic city of Maradi.
President Buhari stated that the cities of Jibiya and Maradi constitute a significant trading core between Nigeria and Niger Republic – a tradition dating back many centuries.
“This vital infrastructure line will establish an end-to-end logistic supply chain in railway transport services between Northern and Southern regions of the country, reaching Nigerian southern ports of Lagos and Warri,” he said.
The president highlighted that the entire route encompasses territory inhabited by close to 80 million people across 10 states of the country. This project, he noted, has a branch line to Dutse the capital of Jigawa state to open up this corridor which is endowed with vast resources.
President Buhari had educated: “The Kano – Maradi rail line has been identified as a viable line that will significantly enhance the movement of passengers and freight to the hinterland especially raw materials from both agricultural and mineral resources for our industries.
“The project, when completed, would serve import and export of goods for Niger Republic and other countries in the sub-region through Nigerian ports. The country would earn revenue through expansion of trade and commerce, while the people of Niger Republic will benefit from ease of transportation logistics at affordable cost in their import and export business.
“The connection to Niger Republic through rail will also foster Trans-Sahara trade and contribute to the expected gains in the African Continental Free Trade Area Agreement.
“The construction company handling this project, Messrs Mota-Engil Nigeria Limited is supporting knowledge and technology transfer by investing in the establishment of a learning Institution for Transportation and Railway Science. This is commendable.”
The president stated that this administration, in clear recognition of the challenges posed to economic growth by absence of strong and effective infrastructure, has remained consistent in its effort at closing this gap. “We have in the rail sector embarked on the completion of the 1,424 Kilometer Lagos – Kano rail line to join the one being flagged-off today for the country’s Western axis.
“On the Eastern corridor of the country, the Port Harcourt – Enugu – Makurdi – Maiduguri rail line with branches to Owerri, Imo State, and Damaturu, Yobe State, have been awarded for reconstruction to include a deep seaport in Bonny Island and a Railway Industrial Park in Port Harcourt with the objectives of achieving a vibrant and functional railway infrastructure in the Eastern part of the country.”
The president disclosed that the Federal Ministry of Transportation and Ministry of Finance have been directed to vigorously act on engagement and concluding financial arrangement with appropriate co-financiers to partner with the Federal Government for the development of the West – East Coastal rail line from Lagos to Calabar and linking Onitsha, Benin, Warri, Yenegao, Port Harcourt, Aba and Uyo.
He maintained that the contract for the important Central Railway traversing Itakpe – Baro – Abuja with connection to Lokoja and a new seaport in Warri has been signed and is expected to achieve appreciable level of completion during the tenure of this administration.
President Buhari expressed the belief when all these initiatives of the administration are realized, the country would have overcome the infrastructural deficiency in the Transportation sector.
He added that businesses will be able to take full advantage of availability of an affordable and effective transportation backbone that can transform industrial and economic activity to a higher level. He enjoined the private sector to invest and participate in the realization of these very promising economic opportunities.
“I now have the honour to perform the groundbreaking ceremony for the Kano – Maradi standard gauge rail line and direct the Honourable Minister of Transportation to flag-off the project,” the president declared.
Trending
- Comments and Issues1 week ago
The brouhaha about the trial of minors
- Business2 days ago
NCC’s strategic overhaul: Revolutionizing Nigeria’s telecom industry
- Football7 days ago
Chelsea, Arsenal set for high-stakes London derby amid mixed fortunes
- Business2 days ago
NCC trains journalists on telecom, ICT trends amid industry shifts
- Business2 days ago
Advertising industry pivotal to Nigeria’s economic progress–Information Minister
- Business1 week ago
Tax laws as Nigeria’s apple of discord
- Football1 week ago
Vinicius Jr’s hat-trick lifts real Madrid to victory amid injury woes
- Business5 days ago
NAJA sets December 11, 2024 for annual auto awards, spotlights industry innovation