Cabinet approves N1.4 billion for Nigeria Railway Corporation – Voice of Nigeria

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The Federal Executive Council has approved N1.4 billion for the purchase of spare parts and repairs to a Nigeria Railway Corporation crane.

Transport Minister Umar Sambo made the revelation during a briefing to State House correspondents at the end of this week’s cabinet meeting chaired by President Muhammadu Buhari.

He said the crane, which plays a vital role in carrying out the Company’s business, is now broken down and needs to be repaired.

“Today I had the privilege of presenting to the council a memorandum from the Ministry of Transport on behalf of one of its agencies, the Nigeria Railway Corporation, for the purchase of spare parts and to undertake the repairs and the overhaul of one of its critical cranes.

“The Board considered the memorandum because this crane is required by the Corporation for emergency repairs to its rolling stock; it broke down and therefore needs to be repaired. Approval was given for the total sum of N1,491,065,722.72 including 7.5 percent VAT with a performance period of 12 months.

Responding to questions on the suspension of the Abuja-Kaduna rail service following the March 2022 train attack, explained that two key issues remain at the heart of the Abuja-Kaduna rail services.

According to him, “These include families traumatized by their family members still in terrorist captivity and the need for surveillance facilities to monitor leads.”

He said the government was looking at the best options in terms of oversight, including concessioning under a public-private partnership (PPP) deal.

Asked about the exact timelines for executing the initiative, Muazu said: “If I give a timeline, I will be lying to you. It will be insensitive to restart the service if some families are crying day and night over their family members still in the bush.

The minister said the government was aware of the costs involved but should be able to report definitive progress in around a month.

PIAK

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