An expert in the rail sector has expressed happiness over the speed at which construction work is going on at the Lagos/ Ibadan rail track.
The former Managing Director of the Nigeria Railway Corporation, Mazi J. C. Nwankwo who stated this on Monday in Lagos while having chat with Maritime Security News, an online media, noted that the speed at which the Lagos/Ibadan rail construction is better and encouraging more than the Ajaokuta/Warri railway construction which has taken up to 38 years now to complete.
According to the former MD, ”So far so good and in terms
of works on ground on the on-going construction works across the
country. The speed is okay. The Lagos/Ibadan, for instance, is okay. It
was when this current government came on board that they went back to
site to complete it.
Even they extended it to Warri port. So, they have good intention.
The same construction work is on going between Kaduna and Kano have been extended to Kastina. And I am hoping that PortHarcourt/Enugu Rail site should commence also so that the zones we have a little bit of the actions.”
On the pricing and the cost of engaging the contractors
handling the rail projects, Mazi Nwankwo who is now the Managing
Director/Chief Executive Officer of NIGERAILS LTD and equally the
Chairman Chyddex Farm Ventures also stated that the government of the
day is going in the right direction based on the current fight against
corruption: ”On pricing, value for money, I think that the government
is also going in the right direction in that they are fighting
corruption. What makes government contracts to escalates is corruption. I
am sure the cost construction they are doing should be able to go down.
Because some of us as lay men, we are of the impression that we have
but we may not be need to borrow to manage our oil properly and our
God-given natural resources very well.
In fact, God so gifted Nigeria that there isn’t any state in the entire federation that hasn’t gotten some values underground to take. If we harness it, we are going to get money because getting loans for us ordinary men, it is mortgaging the future of our children.”
Speaking on how to harness these resources abound in all
the states, the former NRC MD who is as well a fellow of the Chartered
Institute of Transport and Logistics was of the opinion that getting
earnings through harnessing of these God-given natural resources would
be better than borrowing and also hopes that with the way things are
going on particularly in the rail sector of the Nigerian economy, things
will soon get better.