Nigeria-Niger Rail Project To Boost Intercontinental Trade -FG
The Federal Government has reiterated the importance of the Nigeria-Niger Republic rail line saying, the project would boost trade and other socio-economic interaction between both countries and in the continent.
Minister of Transportation, Mu’azu Sambo made this known at the signing of a Memorandum of Understanding (MoU) on the project between both countries, according to a statement by the Director of press and public relations, Henshaw Ogubike on Thursday in Abuja.
The Minister of Transportation, Mu’azu Jaji Sambo signed for Nigeria while the Minister of Transportation of the Republic of Niger, Alma Oumarou signed for his country.
Sambo said that the rail line, which will start from Kano State in Nigeria and end at Maradi in Niger Republic, will facilitate the realization of the objectives of the African Continental Free Trade Agreement which Nigeria and Niger Republic are signatory to.
“I am aware that people have blood relationship across the borders so the project will expand historical cultural relationship between the people of Nigeria and those of Niger Republic. The project is also very important in enhancing inter-nation and continental trade”, the Minister added.
On the implementation of project, the Minister said, a Technical Committee would be set up within seven days in accordance with Article 3 of the MoU, adding that nomination of members and inauguration of the Technical Committee would be concluded by first week of February 2023.
According to him, after their inauguration, the Technical Committee will take charge of the facilitation and implementation of the project.
Speaking earlier, the Minister of Transportation of Republic of Niger, Alma Oumarou corroborated that the rail project will promote inter-nation as well as continental trade, strengthen cultural ties between the two countries and create jobs.
In her welcome address, the Permanent Secretary, Dr. Magdalene Ajani, said work has been ongoing on the Kano-Maradi rail line for the past two years, adding that the signing of the MoU would expedite the completion of the project.