{"id":78304,"date":"2021-02-09T18:12:34","date_gmt":"2021-02-09T17:12:34","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=78304"},"modified":"2021-02-09T18:12:34","modified_gmt":"2021-02-09T17:12:34","slug":"buhari-directs-conclusion-of-financing-for-west-east-coastal-rail-line-after-flagging-off-kano-maradi","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/buhari-directs-conclusion-of-financing-for-west-east-coastal-rail-line-after-flagging-off-kano-maradi\/","title":{"rendered":"\u00a0\u00a0BUHARI DIRECTS CONCLUSION OF FINANCING FOR WEST-EAST COASTAL RAIL LINE, AFTER FLAGGING OFF KANO-MARADI"},"content":{"rendered":"<p>President Muhammadu Buhari Tuesday in Abuja directed the Ministries of<br \/>\nTransportation and Finance to conclude financial arrangements with<br \/>\nappropriate co-financiers that will partner with the Federal Government<br \/>\nf0r construction of West-East Coastal rail line from Lagos to Calabar,<br \/>\nlinking some major cities in South East and South South.<\/p>\n<p>Speaking at the virtual groundbreaking ceremony for the<br \/>\nKano-Katsina-Jibiya-Maradi Rail Line, the President said the West-East<br \/>\nCoastal rail line will connect Onitsha, Benin, Warri, Yenegoa, Port<br \/>\nHarcourt, Aba and Uyo.<\/p>\n<p>&#8220;Furthermore, the contract for the important Central Railway traversing<br \/>\nItakpe &#8211; Baro \u2013 Abuja with connection to Lokoja and a new seaport in<br \/>\nWarri has been signed and is expected to achieve appreciable level of<br \/>\ncompletion during the tenure of this administration,&#8221; the President<br \/>\nsaid.<\/p>\n<p>President Buhari noted that the cities of Jibiya and Maradi constitute a<br \/>\nsignificant trading core between Nigeria and Niger Republic \u2013 a<br \/>\ntradition dating back many centuries.<\/p>\n<p>&#8220;This vital infrastructure line will establish an end-to-end logistic<br \/>\nsupply chain in railway transport services between Northern and Southern<br \/>\nregions of the country, reaching Nigerian southern ports of Lagos and<br \/>\nWarri.<\/p>\n<p>&#8220;The entire route encompasses territory inhabited by close to 80 million<br \/>\npeople across 10 states of the country. This project has a branch line<br \/>\nto Dutse the capital of Jigawa State to open up this corridor which is<br \/>\nendowed with vast resources.&#8221;<\/p>\n<p>He said the Kano\u2013Maradi rail line has been identified as a viable line<br \/>\nthat will significantly enhance the movement of passengers and freight<br \/>\nto the hinterland especially raw materials from both agricultural and<br \/>\nmineral resources for our industries.<\/p>\n<p>&#8220;The rail line traverses the major commercial and administrative centre<br \/>\nof Kano and passing through other economic hubs of the country including<br \/>\nKazaure, Daura, Katsina and up to the border town of Jibiya and the<br \/>\nNiger Republic city of Maradi., &#8221; the President stated.<\/p>\n<p>He said Kano-Maradi project, when completed, would serve import and<br \/>\nexport of goods for Niger Republic and other countries in the sub-region<br \/>\nthrough Nigerian ports.<\/p>\n<p>&#8220;The country would earn revenue through expansion of trade and commerce,<br \/>\nwhile the people of Niger Republic will benefit from ease of<br \/>\ntransportation logistics at affordable cost in their import and export<br \/>\nbusiness.<\/p>\n<p>&#8220;The connection to Niger Republic through rail will also foster<br \/>\nTrans-Sahara trade and contribute to the expected gains in the African<br \/>\nContinental Free Trade Area Agreement.&#8221;<\/p>\n<p>President Buhari commended the construction company handling the<br \/>\nproject, Messrs Mota-Engil Nigeria Limited, for supporting knowledge and<br \/>\ntechnology transfer by investing in the establishment of a learning<br \/>\nInstitution for Transportation and Railway Science.<\/p>\n<p>&#8220;We have in the rail sector embarked on the completion of the 1,424<br \/>\nKilometer Lagos \u2013 Kano rail line to join the one being flagged-off today<br \/>\nfor the country&#8217;s Western axis.<\/p>\n<p>&#8220;On the Eastern corridor of the country, the Port Harcourt \u2013 Enugu \u2013<br \/>\nMakurdi \u2013 Maiduguri rail line with branches to Owerri, Imo State and<br \/>\nDamaturu, Yobe State, have been awarded for reconstruction to include a<br \/>\ndeep sea port in Bonny Island and a Railway Industrial Park in Port<br \/>\nHarcourt with the objectives of achieving a vibrant and functional<br \/>\nrailway.&#8221;<\/p>\n<p>In his remarks, the Governor of Katsina State, Aminu Bello Masari,<br \/>\nappreciated the President for bringing the life-long dream of the state<br \/>\nto reality with inclusion on the Kano-Maradi rail line.<\/p>\n<p>Governor Masari, accompanied by the Governor of Kano, Abdullahi Ganduje<br \/>\nand Jigawa, Badaru Abubakar, urged the Minister of Transportation,<br \/>\nRotimi Amaechi, to work towards completion and commissioning of the<br \/>\nproject by 2023.<\/p>\n<p>The Minister of Transportation said the feasibility study for the<br \/>\nKano-Maradi railway started in 2012, and was concluded by 2015, thanking<br \/>\nthe President for support and regular intervention.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>President Muhammadu Buhari Tuesday in Abuja directed the Ministries of Transportation and Finance to conclude financial arrangements with appropriate co-financiers that will partner with the Federal Government f0r construction of&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":78305,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-78304","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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