Minister of Transportation, Chibuike Amaechi, said, yesterday, that the Federal Government was set to apply for a $11billion loan to construct Lagos to Calabar rail.
Amaechi made the disclosury during an interactive session with the South-East and South-South Professionals of Nigeria, SESSPN, in Lagos.
The group had taken advantage of the Minister’s presence in Lagos to hold talks with him on challenges facing the regions, particularly in the areas of security, power, social integration and representation in the President Muhammadu Buhari-led government.
Amaechi on why railway work was yet to commence in the South-East, said, “I hate tribalism. I’ve said this before. For me, I’m a Nigerian, and what informs my decision of choosing which rail line to construct at any point in time, is the economics of rail; and currently, the economics shows that Lagos to Kano has the capacity to move 30 million tonnes of cargo per year.
“I did same analysis for Port Harcourt to Maiduguri rail line and it’s 11 million tonnes. We are currently doing the analysis for Lagos to Calabar to know how many tonnes of cargo can be moved there per year. So, we started with the Lagos to Kano rail line. President Olusegun Obasanjo approved it, President Jonathan started construction on it by doing Abuja to Kaduna and President Buhari told us to complete all previous projects.