The Federal Executive Council (FEC) has granted approval for contracts totaling $2.9 billion for three significant rail projects aimed at enhancing infrastructure and stimulating economic growth in Nigeria. These projects will be located in the states of Lagos, Kano, and Kaduna. Mr. Taiwo Oyedele, the Minister of Finance and Coordinating Minister of the Economy, provided this information during a briefing with State House correspondents following the council meeting. The initiative is expected to improve transportation efficiency and foster regional development.
Related Articles
Don't miss out on breaking stories and in-depth articles.