The Federal Government has earmarked the sum of N21.09bn for railway modernisation, rehabilitation and maintenance of ongoing railway projects nationwide.
Further breakdown of the budget showed that the sum of N500m was allocated for the procurement of track materials; procurement of rail inspection vehicles to cost N500m; rehabilitation/ repairs of railways under the line item with code 23030114 at the cost of N2.186bn while rehabilitation/repairs of office buildings under line item with code 23030121 were allocated the sum of N1bn.
The President, Major General Muhammadu Buhari , while presenting the 2023 Appropriation Bill to the National Assembly last year, said that appreciable progress had been made in the rehabilitation and completion of key projects like the 156km Lagos-Ibadan Standard Gauge Rail ; the 186km Abuja-Kaduna Standard Gauge Rail; and 327km Itakpe-Warri Standard Gauge Rail, adding that significant investment was made to finance these projects.
Buhari noted that the completed projects complemented the administration’s ongoing investments in light rail, narrow- and standard-gauge rail, ancillary facilities yards, wagon assembling plants, e-ticketing infrastructure as well as the training and development of rail engineers and other workers. The PUNCH reported that the government planned to spend $16bn on modernising rail and port infrastructure across the country.
However, the President of the Nigerian Union of Rail Workers, Innocent Ajiji in an interview with our correspondent last year said even though railway modernisation was a good idea, Nigeria was not closed to modern railways.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
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