Despite the delay in the approval of the $5.3billion Chinese loan by the National Assembly for the construction of Ibadan-Kano standard gauge rail line, Minister of Transportation Rotimi Amaechi...

The Federal Government, in conjunction with Lagos State, yesterday ordered the stoppage of all barge operations, which have desecrated the once beautiful and peaceful Marina coastline.

There was a mild drama yesterday as the Minister of Transport, Mr. Rotimi Amaechi vehemently disagreed with the Chairman, House of Representatives Committee on Loans...

There was a mild drama yesterday as the Minister of Transportation, Mr Rotimi Amaechi vehemently disagreed with the Chairman of the House of Representatives committee on Loans, Treaties and Protocols, Mr Ossai Nicholas Ossai allegedly on the award of contracts for the construction of railways to the tune of $33 billion.

The Minister of Transportation, Rotimi Amaechi, has again urged the National Assembly to stop probe into the Chinese loans. Amaechi, who spoke at the weekend during the inspection tour of the projects, said this could hinder the Federal Government

The Federal Government says the funds it has borrowed so far are justifiable because they are being used for the development of critical infrastructure that will benefit Nigerians

The Ministers of Transportation, Rotimi Amaechi and Information and Culture, Lai Mohammed are on inspection tour of the Lagos-Ibadan standard gauge rail projects.

Minister of Transportation, Rotimi Amaechi, has said Nigeria was not in anyway ceding its sovereignty to China, explaining that the Sovereign Guarantee clause in the loan agreement was to assure China that it can take over the asset constructed with the loan, should Nigeria default. 

With China’s glaring lack of tolerance for sleaze and vague financial transactions, not a few were riled by the Minister of Transportation, Rotimi Amaechi’s sensational claim that the Asian giant will not approve Nigeria’s request for loans if the National Assembly (NASS) continues its ongoing probe.

Passengers on the Abuja/Kaduna railway have continued to express dissatisfaction over the increase in the transport fare despite the harsh economic situation in the country due to the coronavirus disease (COVID-19).

The Federal Government has lost about N766 million within four months of suspension of Nigerian Railway Corporation (NRC) services due to the COVID-19 lockdown.

Following the announcement by the Minister of Transportation, Rotimi Amaechi, on the resumption of the Abuja/Kaduna rail line, the Nigerian Railway Cooperation (NRC) says it is 85 per cent ready for commencement of operation on the route.