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Nigeria approves USD3 bn reconstruction project on Port Harcourt-Maiduguri line

Nigeria's Federal Executive Council approved the allocation of USD3.02 billion federal funding for the reconstruction of Port Harcourt-Maiduguri rail line (Premium Times, 07-Oct-2020). The country's transportation minister Rotimi Amaechi added: "They've also approved the construction of a new deep seaport in Bonny, under PPP and the construction of a railway Industrial park in Port Harcourt... The industrial park, which is under PPP, at no cost to the federal government, will cost [USD241.2 million]. The Port Harcourt to Maiduguri narrow gauge railway will have new branch lines: from Port Harcourt to Bonny and from Port Harcourt to Owerri are new lines".

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