Portugal’s Moto-Engil wins Nigerian contract to Niger rail line, university

0

Jan 11 (Reuters) – Portugal’s largest builder Mota-Engil has won the contract to build a railway line between Nigeria and neighbouring Niger, Nigeria’s Transportation Minister Rotimi Amaechi said on Monday.

The contract, which will link the northern Nigerian city of Kano with Niger’s Maradi, is expected to be worth nearly $2 billion, according to a budget approved by Nigeria’s Federal Executive Council last year.

“Today, we signed the contract documents for the commencement of the Kano-Maradi, Kano-Dutse railway project,” Amaechi wrote in a tweet.

Mota-Engil had also agreed to build a university as part of the agreement, he added.

The scheme is part of a government plan to build rail networks across Nigeria to address the poor transport infrastructure that has stymied economic growth for decades.

Nigeria’s government, under President Muhammadu Buhari, has sought to rebuild the impoverished north of the country, parts of which have been ravaged for the past decade by Islamist insurgents.

A separate project seeks to connect the Nigeria’s commercial hub Lagos and Kano.

SHARE
Previous articleGlobeleq Acquires Private Power Generation Company in Nigeria
Next articleMy neighbour’s son impregnated my 17-year-old daughter, father alleges in court
Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

This site uses Akismet to reduce spam. Learn how your comment data is processed.