✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

FG asks Lekki Deep Sea Port owners to invest in $11.5bn coastal rail project

The Minister of Transportation, Rotimi Amaechi, says if the owners of the Lekki Deep Sea Poet are willing to invest in the $11.5bn Lagos to…

The Minister of Transportation, Rotimi Amaechi, says if the owners of the Lekki Deep Sea Poet are willing to invest in the $11.5bn Lagos to Calabar coastal rail project, the line can be diverted to their facility through Epe.

He said this Sunday while inspecting construction work at the facility.

The coastal rail project cutting through the Lagos, Benin, Port Harcourt, Bayelsa, Akwa Ibom, with spur to Abia, terminates at Calabar. 

The minister said this design could be altered to connect Wow and Lekki Free Trade Zone directly with private investments.

“The advice I could give is if they (Lekki Deep Seaport owners) want to invest, they can invest in rail and then the government will either do tax reduction or do something to help them. If we get the $11.1bn as it is, we’d probably have to divert the rail, because Lagos-Calabar actually goes into Lagos, we can divert it to come through to Epe and too Lekki here.

“I imagined that the Lagos-Calabar rail would start from here (Lekki), that was my imagination. But the Lagos-Calabar is $11.1bn. As Minister of Transport, I’ll start from Benin-Port Harcourt then to Calabar; it’s only when we‘ve finished that I’ll start to think of how to come from Benin-Lagos because there’s already a rail from Lagos to Kano. 

“For me what makes it of essence is there are other sea ports around Warri, Calabar, Port Harcourt that need to be fed with rail too, just like we fed Tincan and Apapa.” 

LEARN AFFILIATE MARKETING: Learn How to Make Money with Expertnaire Affiliate Marketing Using the Simple 3-Step Method Explained to earn $500-$1000 Per Month.
Click here to learn more.

VAMAZON KDP PUBLISHING: Make $1000-$5000+ Monthly Selling Books On Amazon Even If You Are Not A Writer! Using Your Mobile Phone or Laptop.
Click here to learn more.

GHOSTWRITING SERVICES: Learn How to Make Money As a Ghostwriter $1000 or more monthly: Insider Tips to Get Started. Click here to learn more.
Click here to learn more.

SECRET OF EARNING IN CRYPTO: Discover the Secrets of Earning $100 - $2000 Every Week With Crypto & DeFi Jobs.
Click here to learn more.