FG accepts N1.4bn crane for Nigeria Railway Corporation

0

The Federal Executive Council (FEC) has approved N1.4 billion for the purchase of spare parts and repair of cranes by the Nigeria Railway Corporation (NRC).

Transport Minister Mr. Umar Sambo said this during a briefing to State House correspondents at the end of the weekly FEC meeting chaired by President Muhammadu Buhari.

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

“Today I had the privilege of presenting before 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 overhaul of one of its main 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 inclusive of 7.5% VAT with a performance period of 12 months,” he said.

Speaking on the suspension of the Abuja-Kaduna Railway following the March 2022 attack, the Minister said that rail services would resume after two key issues are resolved by the government.

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

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

Asked about the exact timetable in which rail services would resume, the minister 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.

Share.

Comments are closed.