BREAKING: FG Approves $1.9bn Rail Line To Niger Republic

September 23, 2020.

• The Federal Government on Wednesday approved $1,959,744,723.71 for the construction of a rail line that will link Nigeria to Niger Republic.

Ekohotblog reports that the approval was given at a meeting of the Federal Executive Council presided over by the President, Major General Muhammadu Buhari (retd.).

Mr Rotimi Amaechi, the Minister of Transportation, told State House correspondents at the end of the meeting that the sum approved for the development of the proposed rail line linking Kano-Dutse-Katsina-Jibia and to Maradi in Niger Republic is inclusive of Value Added Tax.

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The Minister of Transportation said apart from that, the council also approved the award of a contract worth N3.049 bilion for the design, manufacture, supply, testing, and commissioning of one railway crane for the purposes of clearing rail tracks in situations of accidents.