According to the Minister of Transportation, Rotimi Amaechi, the Federal Government plans to ban the movement of certain category of cargoes on some roads after the completion of major railways in the country.
The minister made this known in Lagos during a panel session on infrastructure development and financing at an event organised by Deloitte on Nigeria Economic Outlook 2020.
The minister said;
As soon as we finish these rail projects, there are some types of cargo that will not go on road, whether you like it or not.
While giving an account of ongoing rail construction and other new ones to be constructed, he said it was important to transfer the cargo movement to the rail track.
He maintain that, railway transportation for passengers was usually subsidised but was uncertain if cargo would be subsidised, adding that the cost of construction must be paid back.
No matter what we charge, it will not be the same as what we charge you on goods
According to the minister, the movement of goods would be faster when they were moved by railways than roads, which would also be time-saving for businesses.
When the FG does rail projects, it is the job of the state governments to do roads to (connect to) the different railway stations
SEE HOW TO MAKE MONEY ON THIS PLATFORM>>[http://bit.ly/2PvYHfC]
Donate to support Freshreporters=>https://freshreporters.com/support
For publication of your news content, articles, videos or any other news worthy materials, please send a mail to thefreshrepo [email protected]
For Advert and other info, you can send a WhatsApp Message to +2347050565443
Join thousands of readers to receive daily Latest News: