Economy

Lagos-Ibadan Rail: 123km of 156km Completed

  • Lagos-Ibadan Rail: 123km of 156km Completed

The Minister of Transportation, Mr Rotimi Amaechi, has said 123 kilometers of the 156 kilometers stretch of the Lagos-Ibadan rail project has been successfully completed.

The minister of transportation disclosed this on Friday during a routine check of the Olodo, Ilugun corridor of the track in the outskirts of Ogun State.

He further said the project has been completed up to Kila village.

“We are already moving towards Ibadan, the track laying is now in Kila, a town on the outskirts of Ogun.

“In less than a month from now, we should be in Ibadan with the rate the work is going,” he said.

Amaechi also said he would visiting the Apapa port to inspect and access its connection the standard gauge rail to address a decade long gridlock in the Apapa port.

“We will be visiting the ports tomorrow to address some of the issues we have there.

“It’s imperative that the Apapa ports must be connected to the standard gauge rail to ensure proper movement of cargoes,” Amaechi said.

This, according to him, is because the Federal Government plans to commence transportation of cargoes from the seaports through the standard rail gauge by December.

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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