Saturday, 26 October 2019 09:34

Rotimi Amaechi Signs MoU on Rail Modernisation in Sochi, Russia

Written by Boma Bravura Al
Rate this item
(0 votes)

The Honourable Minister of Transportation Chibuike Rotimi Amaechi on behalf of the federal government has signed a memorandum of understanding (MoU), with Russian for the modernisation, development of railway infrastructure, rehabilitation of existing Nigerian Railway Corporation (NRC) rolling stock-fleet and upgrading of workshops across the country.

The MoU involves two Russian firms: Russian Joint Stock Company Russian Railway (JSCRR) and Transmash Holding, a private rolling stock manufacturing company.

Signing the agreement with CEO-Chairman, Joint Stock Company Russian Railway, Oleg Belozerov and the CEO Transmash holding, Mr Kirill Lipa during the Russia-Africa Summit in Sochi, Amaechi said this would boost and Fastrack the construction of the rail manufacturing company in Nigeria.

Read 316 times

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.