Nigeria, China to Finalise $11 Billion Lagos-Calabar Rail Deal
Acting President of the Federal Republic of Nigeria, Yemi Osinbajo, on Tuesday said the Federal Government was committed to delivering a fast and efficient rail service system between Lagos and Ibadan within a projected time frame of December 2018. Mr. Osinbajo, who spoke at the Ground Breaking Ceremony of the Segment II Lagos-Ibadan Rail Project […]
Buhari Launches Probe Into Alleged Diversion of U.S. $1 Billion Loan for Rail Projects
President Muhammed Buhari Monday in Abuja called for an explanation from the Ministry of Finance on the foreign loans obtained for rail projects but diverted to other purposes. Speaking at the end of a presentation on the Ministry of Transport by the Permanent Secretary, Mohammed Bashar at the Presidential Villa, President Buhari said that it […]
