South-East
Senate Caucus, yesterday, took a swipe at the Minister of Transportation, Mr
Chibuike Amaechi, over the alleged deliberate exclusion of the Eastern corridor
of Nigeria’s rail lines from the proposed $5.8 billion loan from China Exim
Bank by the Federal Government.
Minister of Transportation, Mr Chibuike Amaechi
and chairman, South-East Senate Caucus, Senator Enyinnaya Abaribe In a
statement yesterday, by chairman, South-East Senate Caucus, Senator Enyinnaya
Abaribe, the Senators asked Amaechi to explain why the South-East corridor was
scheduled for concessionaires to build while other rail line corridors in other
parts of the country would be built with funds borrowed by the Federal
Government which every part of the country would pay.
It
would be recalled that Abaribe had last week raised alarm that the South-East,
South-South corridors were omitted in the $5.8 billion China Exim Bank loan
sought by the Federal Government to develop rail lines in parts of the country.
Reacting to a press statement issued by the Federal Ministry of Transportation
that the South-East zone was not omitted as alleged by the Senate, as Aba and
Onitsha are among towns covered by the coastal railway corridor, Senator
Abaribe, who sponsored the motion in the Senate said: “My motion is not only
about the South-East, but about the second major railway corridor in Nigeria,
built by the British, which covers South-South, South-East, North-Central and
North-East.
“The corridor is from Port Harcourt to
Maiduguri, it covers over 100 towns and major cities, not about Aba or Onitsha,
far from it. It industrialized many cities and gave jobs directly and
indirectly to thousands. “In addition, the letter from Mr. President seeking
for expedited action on approval of the loan did not specify when the eastern
corridor would be modernized. “It said negotiations are on to get a
concessionaire for the eastern line.
In other words, while we borrow for the
western line, we must wait to get some entity interested to concession the
eastern line.” Asked, why the railway corridor cannot wait for next phase as
proposed by Senator Gbenga Ashafa, Abaribe said: “If it is our collective money
saved out of our earnings, we can wait for the next season, but since it is
collective debt, why don’t we endeavour to borrow enough and stimulate the
growth of every region at the same period? “Don’t you know that railways, more
than any other infrastructure, is critical to the growth of the economy.
It is a big catalyst for the creation of jobs
and creation of new towns.
“Besides, all those on the over 100 towns and
villages served by the eastern line would suffer double jeopardy by paying
twice. One for the collective debt and also for the concession costs which
would be borne solely by them.” “What must be done now; It is my candid view
that the Federal Ministry of Transport should approach the Chinese Exim bank or
any other source to raise the requisite funds to execute the Port Harcourt –
Maiduguri Railway Corridor; what is good for the goose is good for the gander.


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