Nigeria-Niger Rep rail project would increase trade, says FG

Marcus Amudipe
Marcus Amudipe

 

Bisola David

The Nigeria-Niger Republic rail project, according to the federal government, will increase trade and other socioeconomic exchanges between the two nations.

The Punch reported that the minister in charge of the ministry, Mu’azu Sambo, said this on Thursday in Abuja at the signing of a Memorandum of Understanding on the project between Nigeria and the Republic of Niger, according to a statement from the director of press and public relations for the ministry, Henshaw Ogubike.

Sambo said that the rail line, which will begin in Nigeria’s Kano State and terminate in the Niger Republic’s Maradi, will make it easier to achieve the goals of the African Continental Free Trade Agreement, to which both Nigeria and the Niger Republic are signatories.

“I am aware that family ties span national boundaries. As a result, the project would deepen the historical and cultural ties between Nigerians and Nigeriens. Additionally, the initiative is crucial for advancing international and continental trade.

According to Article 3 of the Memorandum of Understanding, he stated that a technical committee would be established within seven days. He also stated that the technical committee would be inaugurated and its members nominated by the first week of February 2023.

Sambo added that following the official opening, the technical committee would be in charge of facilitating and carrying out the project.


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