FG, Russia sign agreement on rail modernisation

Date:

Aminat Isah, Abuja

The federal government has signed a memorandum of understanding (MoU), with the government of Russia for the modernisation, development, and rehabilitation of existing Nigerian Railway Corporation (NRC) rolling stock-fleet and upgrading of workshops across Nigeria.

The Minister of Transportation, Hon. Rotimi Amaechi during the MoU Signing with the Chairman, Joint Stock Company Russian Railway, Oleg Belozerov and the CEO Transmash holding, Mr. Kirill Lipa, at the Russia-Africa Summit in Sochi, said the MOU would boost and fastrack the construction of rail manufacturing company in Nigeria.

Amaechi reiterated the present administration led by President Muhammadu Buhari’s resolve to ensure the development of a standard rail infrastructure in line with best practices.

He also noted that before the end of December, Nigeria will receive 20 locomotives and wagons which will be used for the Railway service on Lagos-Ibadan, Abuja-Kaduna and Itakpe-Warri rail line.

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