20 per cent of $30 billion loan meant for railways – Amaechi

Rail tracks connecting Abuja - Kaduna
Rail tracks connecting Abuja - Kaduna

Over 20 per cent of the $30 billion that the Nigerian government plans to borrow would be used for construction of railways across the country, an official has said.

The Minister of Transportation, Rotimi Amaechi, stated this on Monday.

Mr. Amaechi urged Nigerians to appeal to the National Assembly to approve the federal government’s borrowing plan which the government has said would be used for infrastructure development.

The minister also spoke on some of the major projects of his ministry.

He said the Jos Inland Port is to be completed in June while contractors are back to site at Itakpe-Warri railway line.

He said his ministry has also received approval to purchase more locomotives for the Abuja-Kaduna rail service due to high patronage by users.

More details later…


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  • Immanueli

    MY PEOPLE,

    You see! You see why I will never read Premium Times? Somebody told me
    that nationwide protest is going on. I said let me go to Premium Times
    so that I can know the venue of which one i must go and join since
    the Muhamadu Buharu of a man has totally destroyed Nigeria.
    I came here now. Premium Times has quickly changed topic.
    Can you see! I have been complaining this thing for long.
    Premium Times will destroy Nigeria if care is not taken.
    Is Rotimi Amaechi the national issue today or the mess
    Muhamadu Buharu has created all over the country?

    • Otile

      They are keeping everything secret until the day of burial.

  • Anonymous

    Shut up! he that is not faithful with little cannot be faithful with much, your government is implementing its third budget but we cannot see or feel 40% impact and by next year we are into election cycle, if NASS approves that loan I sorry for this country and the future generation, the minister of works is confused, he does not even know when he indicted his own government through his comments, he is tired, but I AM SICK TIRED.

  • Tamuno

    Need to see projects that are ongoing in the SE / SS. It is about time. Stop giving the kids ammunition to cry marginalization. Amaechi, we supported and prayed for you when you had issues with GEJ. You need to come through for us. DO THE RIGHT THING.

    • Otile

      How is Rotimi better than Jonathan in developing SS/SE? In the end the Fulanis and Yorubas will make jest of them for their foolishness.

  • Höly Wähala

    Rotimi Amachi who could not complete a monorail project in his 8yrs as Gov. of Rivers State should not be given even 3% of $30billion (if approved) because, simply put… He will steal every shishi of it to advance his political ambitions or promote those of his cronies and hangers-on. Both houses have since resolved that President Buhari needs competent hands to help him turn the economic mess around, unless and until obstinate Buhari takes common sense advise by re-shuffling his EMT in particular, and Cabinet in general, he is not listening to the ordinary Nigerian’s cries out there. This is the most allround incompetent GON we’ve had in the History of Nigeria and something has to give before Senators approve to mortgage our futures with a whopping $30bn loan… #SayNoToGbese!

    • Rommel

      You seem to have forgotten how Jonathan and his people were determined to frustrate him,almost like people have forgotten how Obama struggled against the GOP controlled capitol hill

      • Höly Wähala

        That project was local not a federal project, speak what you know and quit hanging around my moniker because you provoke me with your ignorance. A Gov. Amaechi led a “mini revolt” in their SS when he called on the Fed. Govt. to allow regional Govs. to complete the East-West Road which was under the purview of Elder Orubebe as Min. of ND Affairs, that along with his fight with Dumbo for control of some Rivers oil wells Dumbo appropriated and diverted to Bayelsa… the case is still in court as I type but, thief Dumbo was already cashing proceeds which a judge had ruled should be kept in escrow account until the case is settled. That was the nexus of their long-running kwata and not your watery understanding of Nigerian politics. Back to thema… Rotimi Amaechi as governor could not finish a monorail project that was completely under his Rivers State jurisdiction, giving him any percentage of our gbese to manage is flushing cash down as toilet paper… end of lecture!

  • Otile

    God forbid evil. When will Osinbajo take over and purge the cabinet of these hardened crooks? These so-called ministers are taking Nigeria in a hand basket to hell.

    • Haba mallam

      Baboon from the creek what do you know about governance?

      • Otile

        More than your whole clan and linage. Remember you are a stinking desert donkey.

    • Haba mallam

      Otoilet

      • Otile

        Islamic terrorist

      • Höly Wähala

        Haba Mugu!

    • Rommel

      Amech is one of the most efficient ministers Nigeria has ever had, his commitment is unparalleled and if you doubt me,name one

    • augustine

      How are Amaechi and others leading us to hell ❓Prove it.

      • Otile

        How what, do you believe Imam is going to survive another term? Let him step aside for Osinbajo, jare.

  • Rommel

    Dumbo had enough resources to develop even rail sector but chose to share the money to criminals,now we are having to borrow to finance this vital national artery

    • augustine

      ❓❓You have proof, any facts? Am still trying to find out why some goons hate Amaechi, wetin him do wrong apart from just his personal choices in politics?❔

      • Otile

        You must not come from Pitakwa area.

      • Rommel

        You ask them

  • Comfortkay

    We do not need to borrow this money just 15 to 20 percent cut of all our senators jumbo salaries will do to finance the project.

  • Kay Soyemi (Esq.)

    Your response and uncouth language simply confirms your gutter status.

    That is one level too low for me to descend into, even if it’s to let you know learning is wasted on you.

    You are blocked