The Nigerian government has signed a memorandum of understanding (MoU), with the Russian for the modernisation, development of railway infrastructure, rehabilitation of existing Nigerian Railway Corporation (NRC) rolling stock-fleet and upgrading of workshops across the country.
The MoU signed by the Minister of Transportation, Mr Rotimi Amaechi on behalf of the Nigerian government, involves two Russian firms: Russian Joint Stock Company Russian Railway (JSCRR) and Transmash Holding, a private rolling stock manufacturing company.
Signing the agreement with CEO-Chairman, Joint Stock Company Russian Railway, Oleg Belozerov and the CEO Transmash holding, Mr. Kirill Lipa during the Russia-Africa Summit in Sochi, Mr Amaechi said ”it would boost and fast-track the construction of the rail manufacturing company in Nigeria.”
The Nigerian government had given the Chinese Civil Engineering Construction Company (CCECC) the nod to establish a rail manufacturing plant in Nigeria.
The Minister reiterated that ”the present administration of President Muhammadu Buhari was determined to ensure the development of a standard rail infrastructure in line with best practices.”
Mr Amaechi said before the end of December, Nigeria would receive 20 locomotives and wagons which would be used for the Railway service on Lagos-Ibadan, Abuja-Kaduna and Itakpe-Warri rail line.