Amaechi –We require $36bn to associate all states railway

The Minister of Transportation, Rotimi Amaechi, on Tuesday said that the $36bn being looked for by the Federal Government for rail lines development the nation over would be utilized to interface for all intents and purposes all state capitals in Nigeria by rail.

Talking as a visitor amid a radio program observed by our journalist in Abuja on Tuesday, the priest stated, "When I spoke I didn't state the cash ($36bn) was there.

 I was asked the amount we would need to take the rail transport to different state capitals. I said that we would require in regards to $36bn and that incorporates the two profound seaports that we need to build, one in Bonny and the other in Warri.

"Keep in mind that all railroad transport in Nigeria ought to end at the seaports and at the air terminals, on the off chance that you should do a measured sort of transportation.

Also, regardless of the possibility that you have the $36bn, this present government can't spend all that cash to build railroads. We are stating that that is the projection for the development."

He included, "We are as of now concentrating on Lagos-Kano, which is about $8.3bn. We have a credit from the China Exim Bank for $1.5bn to develop Lagos-Ibadan; we've finished the Kaduna-Abuja rail, and the three sorts of advances we are arranging now, we plan to get them. Be that as it may, we don't know whether we will get them.

"Be that as it may, we are arranging Ibadan to Kano which is to end in Lagos-Ibadan, we are arranging Lagos to Calabar and it is $11.17bn and spreads the entire of the South-South and part of the South-East."