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Buhari eager to reflate economy, says Amaechi

By NAN
23 December 2016   |   4:45 pm
The Minister of Transportation, Mr Rotimi Amaechi, says President Muhammadu Buhari is eager to reflate the economy and deliver to the people the gains of his administration.
Minister of Transportation, Rotimi Amaechi

Minister of Transportation, Rotimi Amaechi

The Minister of Transportation, Mr Rotimi Amaechi, says President Muhammadu Buhari is eager to reflate the economy and deliver to the people the gains of his administration.

Amaechi stated this in a statement by the Director, Press and Public Relations Department of the Ministry, Mrs Yetunde Sonaike, on Friday in Abuja.

He said that one of the core mandates of the present administration was to fulfil the needs and aspirations of Nigerians, adding that government would ensure it achieve its promises.

The minister said the ministry was able to complete the Abuja–Kaduna Railway modernisation project and provided safety measures at the nation’s airports through rehabilitation of the existing infrastructure within the airports.

He said that there were also ongoing rehabilitation of infrastructure at the seaports and the railway as well as instilling financial discipline in the ministry and its agencies among others.

Amaechi said the focus of the government was the rehabilitation of the old railway lines of Itakpe-Ajaokuta-Warri and also ensuring that the construction works on the Lagos-Calabar Coastal Rail line was completed within the specified time.

According to him, the government is determined to ensure that works on Lagos-Kano Rail line commence in earnest to facilitate the movement of goods and passengers unhindered.

“The construction work on the Lagos-Ibadan segment of the Coastal Rail line will commence in January 2017, ’’ the News Agency of Nigeria (NAN) quotes Amaechi as saying.

On the issue of the National Fleet for the maritime sector, the minister said that government had gone far in getting interested investors to come in.

He said that the government was mindful of the provision of the law which stipulates 60 per cent for local investors and 40 per cent for foreign investors.

3 Comments

  • Author’s gravatar

    stop telling us what the government desires to do and start acting. Labor is cheap in Nigeria and Nigeria is in a recession. To get the economy back, there is no reason the government can’t fast track most of this projects, especially the railway projects that can begin to generate revenue for the government. With cheap labor in Nigeria, high unemployment and eager Nigerian’s ready to work. There is no reason work can be done on the railway day and night. There should be 24/7 construction work going on all the railway project, and each stage completed, so go into immediate operation.

    • Author’s gravatar

      Tell them since they’re intellectually incapable of thinking outside the box. All they ever thought about is oil, oil, oil, oil. Unfortunately, it can never be business as usual like before.

  • Author’s gravatar

    Another Voodo and Robotic talk Oga Amechi. Face reality their is a worldwide recession, which is increasing and Oil price is falling and Nigeria does not have an internal productivity system that can at lest self system itself by revenue derived from internal consumption. How do you inflate the cardava, if you do not first revive the cardava. Do you revive it by turning your populace into beggars of N5,000/month for Almaheris and drug ridden Alayes. Mbanu, Baidaba, Otio. Let us have what is needed to convince people that Nigeria is still feasible by a National referendum, which itself will reorientate the elites and rulers by its outcome. We need and must start looking inwards by strong SME’s support as Italy did.