Nigeria Announces $41 Billion Rail Upgrade

The Nigerian railroads are getting a facelift as part of the
national plan to diversify away from an economy in which the oil
industry dominates, according to the African country’s transport
minister. “The plan we have now will go to every nook and
corner,” Transport Minister Rotimi Amaechi said in an
interview in Abuja announcing the $41 billion expansion project,
according to Fin24 news. “There’s no economic development or growth
without logistics, and for logistics to be efficient, you have to
deal with the…

The Nigerian railroads are getting a facelift as part of the
national plan to diversify away from an economy in which the oil
industry dominates, according to the African country’s transport
minister. “The plan we have now will go to every nook and
corner,” Transport Minister Rotimi Amaechi said in an
interview in Abuja announcing the $41 billion expansion project,
according to Fin24 news. “There’s no economic development or growth
without logistics, and for logistics to be efficient, you have to
deal with the…