President Muhammadu Buhari, on Monday, in his New Year address to the nation, rolled out ambitious rail, road, and power projects, to be executed in 2018.
The President devoted his address mainly to informing Nigerians about the intense efforts his administration was making to address the country's huge infrastructural deficit.
He assured Nigerians that the Federal Government was going to make significant in-roads in advancing road, rail, and power projects across the country.
"The Ministry of Power, Works and Housing is one of the drivers of this Government's commitment to renew and increase Nigeria's stock of infrastructure in order to achieve global economic competitiveness as targeted under the Economic Recovery and Growth Plan.
"With regards to railways, we have set ourselves ambitious targets. Already in construction stage is the Lagos-Kano Standard Gauge Railway", the president said. -
Buhari added that the line should reach Ibadan from Lagos by the end of 2019, and would carry two million passengers per year. He said five million tons of cargo would be transported every year giving a substantial boost to the country's economy.
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