The Federal Government has approved $5.3 billion for the Ibadan-Kano standard gauge rail project.
The Minister of Transportation, Mr Rotimi Amaechi, stated this in a statement issued in Abuja Thursday by his media aide, Mr Israel Ibeleme, after the 3rd Maritime Stakeholders Interactive Forum held in Lagos.
“Thursday, we got approval to complete the $5.3 billion Ibadan to Kano rail project and we have also applied for funding to commence coastal rail for the Port-Harcourt to Warri segment,” he said.
Amaechi explained that Gbemisola Saraki, the Minister of State for Transportation, had been assigned the responsibilities of overseeing all the maritime agencies, while he would focus on the railway sector.
“In my first term as Minister, I completely abandoned the maritime sector to the heads of agencies.
“This time around that would not be happening again as I have instructed that the Minister of State for Transportation should personally supervise the maritime agencies, while I just oversee what is happening.
“There are two things that I have discussed with President Muhammadu Buhari that I will be focusing on in this second term as a Minister and they are maritime security and the single window project.
“I have assured government that by the end of 2020, we should have the Single Window at our maritime sector,” Amaechi said.
President Muhammadu Buhari directed the establishment of the single window platform that would integrate all government agencies at all the entry points into the country to promote trade and boost security.