Business Nigeria: Lagos-Abuja Speed Train Project Draws Massive Interest from Investors

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Nigeria- According to Minister of Transport, Senator Idris Umar, the Federal Government has started receiving expression of interests from private firms within and outside the country seeking partnership on the operation of a speed train project from Abuja to Lagos. Daily Times reports.

“We have already, received a lot of expression of interests even ahead of advertisement for the purpose from various companies in the country and indeed, in other countries of the World.

“The idea is that, if we have this in place, the trains can move from Abuja to Lagos, and from Lagos to Abuja in a maximum of three hours. We are intending to compete favourably with the other transportation system in carrying passengers from Abuja to Lagos.

“When fully actualised, a train will leave Abuja to Lagos and Lagos to Abuja, every hour. The feasibility studies had been completed, it is not a question of story. The trains will start running within the next three years, say by 2018.”

He also disclosed that the Abuja-Kaduna rail project would commence full operation next month.

#Nigeria #Lagos #Abuja

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