Hon Min Alj Lai Mohammed,Engr Usman Abubakar nd Hon Min Rotimi Amaechi on a train ride from Ebute Metta to Papalanto

Minister of Transport, Rotimi Amaechi says Nigeria needs not less than N46 billion dollars (about N16.56 trillion) to construct its three major speed rail lines.

The minister said this on Tuesday in Papalanto, near Abeokuta, Ogun State during a joint inspection of the Lagos-Ibadan standard rail gauge with the Minister of Information and Culture, Alhaji Lai Mohammed.

He said the three speed rail line projects – Lagos to Kano, Lagos to Calabar and Port Harcourt to Maiduguri – were crucial to the administration of President Muhammadu Buhari.

The minister said that although the government did not have the fund ready to finance the projects, but the President had directed him to source for the fund because of the importance of the projects.