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    Railway holds master key to transforming Nigeria’s economy – Osinbajo

    Chronicle EditorBy Chronicle EditorNovember 10, 2019No Comments5 Mins Read
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    FEC, Vice President Yemi Osinbajo will lead Nigeria's Economic Sustainability Committee
    Vice President Yemi Osinbajo
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    *Its modernization by Buhari Administration will provide linkages, job creation, & more
    *After riding the Lagos-Ibadan train from Iju to Kajola, VP performs ground-breaking of wagon assembly plant in Kajola, Ogun State

    Vice President Yemi Osinbajo says railway holds master key to transforming Nigeria’s economy during the ground-breaking ceremony of Rail Wagon Assembly Plant at Kajola, Ogun state.

    He noted that it was a special pleasure to perform the official ground-breaking ceremony of the Wagon Assembly Plant here in Kajola. The plant which is a private investment undertaken by Messrs CCECC.

    “It is an important project for so many reasons. It is central in the production of rolling stock spare parts and maintenance equipment needed for the railway modernization programme being implemented by the administration of Muhammadu Buhari.

    “This ceremony is not just another event, it is a historic turning point, for us, the railway is not just an alternative and comfortable mode of travel, it holds the master key to transforming commerce in Nigeria and across the continent.

    “By linking our ports to rail lines and now, building the rolling stock locally, import and export business within and out of Africa’s largest market will be completely transformed.

    “When completed, it is expected that the plant would produce some parts of the wagons for the Lagos – Ibadan and Abuja – Kaduna rail lines, but also for the central rail lines and to satisfy the needs of other rail operators within the West-African sub-region.

    “Secondly the citing of the plant here in Nigeria and the commitment to hiring Nigerians and Nigerian businesses affirms the Presidents directives in Executive Order 5 on prioritizing Nigerians and Nigerian businesses in the innovation, production and procurement of engineering projects and services.

    “The plant would offer an important platform for engineers, technicians, artisans and other professionals to gain the specialized skills required for the production and maintenance of rolling stock.

    “This will invariably conduce to spin-off businesses in the region of operation in particular and across the country wherever rail networks are in existence. The plant is expected to generate about five thousand (5,000) direct and indirect jobs.

    “I have a message also for you from the President and this is to CCECC which is that we expect that you move on very quickly to the next phase of this project which is the assembly and construction of coaches and locomotives.

    • FG sets up unit to monitor FEC approvals

    “This for us will be a significant breakthrough and we look forward to hearing from you as quickly as possible when this will come into operation.

    “After completing the Abuja – Kaduna Railway project in July 2016, this administration commenced construction works on the Lagos – Ibadan Railway modernization project in March 2017, following which we initiated the rehabilitation and completion of the abandoned Itakpe – Ajaokuta – Warri rail line which was started over three decades ago.

    “Furthermore, last month, we signed an agreement with Messrs China Railway Construction Company International to construct the Itakpe – Ajaokuta rail line which will be extended from Itakpe to Abuja through Baro Inland Water Port in Niger State with a branch line to Lokoja in Kogi State. This rail line will link into the new Warri sea port being constructed under the agreement.

    “Also, we are optimizing the Lagos-Ibadan rail modernization project by extending it to the Apapa Port, the nation’s busiest port for the efficient movement of cargo from the port to various destinations. This will expedite import/export flows, decongest the ports, and depressurize our roads in the process.

    “Also, we are putting all mechanisms in place to achieve the swift completion of the Ibadan Inland Dry port which will off-take containers and cargoes from Apapa port through the Lagos – Ibadan rail line.

    “Let me take this opportunity to appreciate the support shown by the leadership of the host communities here in Kajola and around this environment, for this project and other relevant Federal and State government projects.

    “The implementation of these projects is important. It is imperative that our host communities continue to support government’s efforts by effectively cooperating with the contractors in safeguarding and protecting these lasting investments so that we can ensure that all intended objectives and mutual benefits are attained.

    “Let me also commend the Federal Ministry of Transportation led by the very able and dynamic Hon. Minister of Transportation, Rotimi Amaechi or Chibuike Amaechi, (today he is Rotimi since we are in the South West) for the very hard work and commitment he has demonstrated from the inception of our rail modernization project. And also, to the Chinese government, particularly the investor, CCECC Nigeria Limited for this significant and strategic investment.

    “The vision you have shown and the initiative you have taken in the larger development journey of this great country will reap unparalleled rewards for you and great opportunity for our people.

    “In a few minutes, I will have the special privilege of performing the official ground-breaking ceremony for the establishment of this Wagon Assembly Plant here in Kajola, Ogun State, and I hope that this will be only be the beginning of the development of the railway infrastructure, not only here in Ogun State, but across the country,” he said.

    Enroute Kajola for the ground breaking ceremony of the Wagon Assembly Plant. Vice Pres. @ProfOsinbajo is impressed with the quality of work being done on the tracks and enjoying the comfort on the train. We’re on to the #NextLevel pic.twitter.com/0iE886lcTr

    — Chibuike.R. Amaechi (@ChibuikeAmaechi) November 9, 2019

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