Minister of Transportation Rotimi Amaechi has said President Muhammadu Buhari’s major aim for investing in rail construction all over the country is to create employment.
Amaechi, in a statement by his media, Mrs. Taiye Elebiyo-Edeni, said all the ongoing projects would contribute to the GDP of the country because they make economic sense.
According to him, when the Eastern rail line commences, it will generate between 20,000 and 50,000 jobs aside businesses that will open up along the rail corridor.
“Let us look at the economic benefits, in the course of doing the visibility of this project, that is when I discovered that there are so many natural resources on that track, such as iron ore all over the North East, there is Coal between Benue and Enugu.
“What the train does is that it provides logistics for the movement of natural resources for value addition.
“You have access to the sea through a cheap means of transportation in the cause of the construction of the rail line from here to Maiduguri is about 1000 km.
“The minimum I expect they can employ is between 20,000 and 50,000 workers, if we must achieve it and at the conclusion of construction, imagine how many workers will be employed at the industrial park at the seaport.
“The essence of the President’s investment in the project is to create employment, he hopes that we are able to grow the economy of Nigeria through transportation, create employment in the cause of these infrastructures.
“And at the end of the construction, we expect those who do businesses in Nigeria to be able to acquire land and site industries along the rail corridor.”
Amaechi, however, said that the most significant rail projects were the Lagos-Kano because it moves 30million tonnes of cargo per year and the Port Harcourt-Maiduguri which is expected to move about 11million tons of cargo when completed.
He said that the ministry was working on getting funding for Lagos-Calabar, which will commence once there is fund.