Connect with us

Metro

FG, Russia sign agreement on rail modernisation

Published

on

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.

Facebook Comments Box
Copyright 2023 ROYAL NEWS. All rights reserved. Digital material on this website, may not be published, reproduced, broadcast, rewritten or redistributed in whole or in part without prior express written permission from ROYAL NEWS.

Contact: info@royalnews.com.ng

Download ROYAL NEWS app

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *