Minister of Transportation, Rotimi Amaechi, has assured that the construction project of Lagos-Ibadan rail line will be completed by December.
The Minister made this known at an interactive session with journalists in Abuja.
He stated that Nigeria is currently negotiating a loan of about $6billion with China for the construction of the Ibadan-Kano rail line.
According to Amaechi, the rail track has currently attained 90 percent completion, stressing that government is working hard to complete the project by December 2018.
“They are asking us to do a single track and they want it at Minna so that instead of going from Minna to Kaduna, we should go from Minna to Abuja and then join it from Abuja to Kaduna.”
On the approval for waterways security, the minister stated that $195m had been approved and expressed confidence that it would help reduce crime in the maritime sector.
“The Federal Government has approved the sum of $195m…to hire an Israeli company to help train our security personnel to help man our waterways.
“Currently there are criminal activities in our waterways which has made it that in some parts of the country, people charge what they call war insurance. War insurance means that you go to an area where there is (seems to be) war, but you know that there is no war there.
“But in such areas criminal activities are taking place in the water ways. So with the approval, after we’ve put the processes in place, we will ensure that there is security on our waters.”