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Lagos-Ibadan railway will be completed on or before January 2021 – Rotimi Amaechi 

Omokolade Ajayi by Omokolade Ajayi
October 2, 2020
in Business News
Lagos-Ibadan railway will be completed on or before January 2021 - Rotimi Amaechi , China set to approve $5.3 billion for Ibadan-Kano rail project
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The Minister of Transportation, Rotimi Amaechi, has disclosed that the $1.6 billion Lagos-Ibadan railway project will be completed on or before January 2021.

This disclosure was made by the Minister while speaking during an interview in Lagos.

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"By December to January we should have completed the Lagos-Ibadan, then if we do there's need to decide vehicles that can go to Lagos and the capacity of such vehicles or trucks"- Minister for @Transport, @ChibuikeAmaechi. pic.twitter.com/46c5GKeENh

— Government of Nigeria (@NigeriaGov) October 2, 2020

READ: Lagos to construct rail line to airport terminal for international passengers

He explained that by December 2020, to the first or second week in January 2021, the project should have been completed.

As the road infrastructures would not last without the construction of functional rail lines, he emphasized that there would be a restriction on the type and capacity of vehicles that can ply the expressways in the country, so as to reduce destruction.

READ: FG approves $3.1 billion for automation of Customs, targets $176 billion revenue

The restriction is needed to reduce traffic congestion, ensure the safety of people and property, and also the safety of the road infrastructures across the country.

“By December to the first or second week in January, we should have completed the Lagos-Ibadan. If we do, there would be need to decide what vehicles can go to Lagos, and the capacity of such vehicles or trucks, as this would reduce the destruction that has happened on our roads,” Amaechi said.

READ: Zenith Bank discloses projections following release of CBN’s latest Treasury Bills calender

He added that in a bid to make this a reality, the railway would be put to use, as cargoes from Apapa Seaport will be transferred to Ibadan via the railway.

While the Ibadan-Kano rail project is under construction, the expressway would be used to convey cargoes, pending the completion of the railway, which should be completed between 2-3 years.

Amaechi stressed the need to ramp-up the construction of the railways to ease the burden off the expressways, he said doing so will help to ward off the destruction on the infrastructure, caused by trucks and other heavy-duty vehicles.

READ: Lagos-Ibadan Railway: NRC acquires 24 coaches for operations starting next month

As tankers are plying the road infrastructures with excess cargoes, He reiterated that the best way is to move all the cargoes to the rail tracks.

Mr. Rotimi Amaechi advised more patience and understanding with the government, to allow them to complete the infrastructures and the myriads of projects the government is working on.


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Tags: Business NewsLagos-Ibadan railwayNigeria NewsRotimi Amaechi
Omokolade Ajayi

Omokolade Ajayi

Omokolade Ajayi is a graduate of Economics, and a certificate holder of the CFA Institute’s Investment Foundation Program. He is a business analyst, and equity market researcher, with wealth of experience as a retail investor.

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