Minister of Transportation, Rotimi Amaechi has stated that Nigerian government has the capability to pay back loans collected for the construction of rail projects within the stipulated period of 20 years.
Amaechi, in a statement on Saturday, said China was the only country giving out loans with a low-interest rate of 2.8 percent.
He said no country in the world would give out a loan without a guarantee to pay back such loans.
…“The trade agreement between Nigeria and China, the ministry of transportation does not take loan, everything about loan is directed to the Ministry of Finance, so, I
Nseobong Okon-Ekong holds a conversation with businessman and All Progressives Congress group leader in Rivers State on challenges within the party and other issues
We heard you recently survived five mini-heart attacks before you were properly diagnosed in a London hospital. What really happened?
It was actually six in total if you count the one that happened in the hospital between when I did my ECG and while I was waiting for my chest X-ray results. The truth is I had been having many episodes of chest tightening and I could not explain it. First in Dubai, then in Nigeria. …
“I have never requested for or collected one kobo as pension from R/State Govt,” Amaechi said on Twitter on Thursday
“If offered, I will politely decline & request that the money should be given to Rivers State pensioners.”
A federal high court in Lagos on Wednesday ordered the federal government to recover pensions and allowances paid to former and serving ministers and senators that are ex-governors.
Socio-Economic Rights and Accountability Project (SERAP)
Transport Minister, Rotimi Amaechi, has said he does not owe anybody apology for citing the Federal University of Transportation in Daura.
Amaechi spoke on Monday in Daura, Katsina State, as President Muhammadu Buhari performed the groundbreaking for the university.
The minister, in his welcome address, said the university was his own “imagination” to ensure the availability of the manpower needed for the sustenance of modern technology, especially in railway transportation.
Amaechi said Daura was suitable for the university, stating that he would not mind being called a sycophant for saying so.
He said, “When we cited the wagon factory …
The Minister of Transportation Mr. Chibuike Rotimi Amaechi, has revealed that if not for the fact that he was from the South-South region, he would have stopped the ongoing reconstruction of the Itakpe-Ajaokuta-Warri rail project.
Amaechi, in a statement by his aid, Isreal Ebeleme, while enumerating the success recorded so far in the revitalisation of rail projects across the country, bemoaned the constant harassment from youths and villagers along the rail corridors in the South-South region.
The Minister, while calling on leaders and people of the region to be united for speedy development of the Niger Delta Region, said: “I …
Minister of Transportation, Chibuike Amaechi, has said that the railway wagon assembly plant under construction at Kajola in Ogun State, would generate about 5,000 jobs when completed.
The Minister said this at the weekend during the plant’s ground-breaking ceremony performed by Vice President Yemi Osinbajo, at the project site in Kajola.
Amaechi described the plant as one of the gains of the Federal Government’s partnership with the Chinese Civil Engineering and Construction Company (CCECC) under the ongoing rail construction projects, particularly the contract for the supply of rolling stock for the Abuja-Kaduna, Warri-Itakpe and Lagos-Ibadan rail lines.
He said:
Minister of Transport, Chibuike Rotimi Amaechi, said 20 new coaches for the Abuja-Kaduna and the Lagos-Ibadan rail lines would arrive the country in about six weeks.
Amaechi said this while answering questions on his arrival from China at the Nnamdi Azikiwe International Airport, Abuja.
Explaining the thrust of his official visit to China, where he took delivery of some new trains, Amaechi said: “We went for two items, basically to get more locomotives and coaches. They’re all ready. It will take six weeks to get to Nigeria and maybe one week to clear them. For the Lagos trains, it …
The Minister of Transportation, Mr. Rotimi Amaechi, has said the federal government requires $45 billion to fix the country’s transportation infrastructure, adding that rail infrastructure is a capital intensive sector.
Explaining the amount spent so far on rail infrastructure in the country during an interview on Channels Television breakfast programme, Sunrise Daily yesterday, the minister revealed that this figure would be needed to solve the country’s “problem of transportation to a great extent.”
He said: “It is capital intensive. N1trillion …
An official of the Independent National Electoral Commission (INEC), Mrs. Mary Efeturi, has cried out in a WhatsApp group that the Minister of Transportation, Mr. Rotimi Amaechi, is holding her hostage with the military personnel.
Rivers State Governor, Nyesom Ezenwo Wike has stated that the unsolicited defence of the killer General Officer Commanding (GOC) 6 Division of the Nigerian Army by the Minister of Transportation, Chibuike Rotimi Amaechi may not be unconnected to amorous links to the wives of officers.
