Latest news

South-West rail revival to boost economy and create jobs


The Managing Director/Chief Executive Officer of the South-West Development Commission, Dr Charles Akinola, has revealed that the commission’s push for the revival of many old, unserviced rail lines in the South-West is aimed at building a regional rail ecosystem that will reduce transportation costs, expand market access, enable rural prosperity, and create jobs for youths across the region, among others.

Akinola made this known on Monday at an interaction session with journalists in Lagos. The SWDC MD commended the Managing Director of the Nigerian Railway Corporation, Dr Kayode Opeifa, for welcoming the commission’s proposal on Southwest rail connectivity during the executive management’s working visit to him last week.

Akinola said Opeifa had assured the SWDC team of positive consideration of the proposals, stressing that the NRC was excited to play its role in efforts to make rail transportation a cornerstone of economic development in Nigeria.

According to Akinola, Opeifa had expressed the readiness of the NRC to review SWDC’s application for an operational licence, adding that he had instructed the directors to work with the commission’s technical team to draft the appropriate Memorandum of Understanding that would bring the requests to life.

Akinola insisted that regional rail connectivity will incentivize farming, thereby promoting food security, boosting the region’s Gross Domestic Product, and enhancing the overall economic prosperity of the region in line with President Bola Tinubu’s Renewed Hope Agenda.

The SWDC boss said the commission’s rail development roadmap consists of short, medium, and long-term plans. In the short term, the commission sought the concessioning of old, unutilized rail routes for immediate operation.

Of particular interest to Akinola is the revival of the historic Idogo route and the reactivation of the Dagbolu–Osogbo–Erunmu–Omi–Adio corridor. He said the Idogo route is critical to food security and agricultural evacuation.

He said: “Lagos, Ogun, Oyo, and Osun are already serviced by rail. We want to maximize these existing corridors to move foodstuffs into Lagos, and also deliver fast-moving consumer goods from the Lagos axis to other Southwest consumer markets.

“We want to revive the Idogo route, and indeed extend it to Dagbolu for movement of farm produce in large quantities from Osun, Oyo, and Ogun states to Lagos, where demand is high. The route will also enhance the delivery of fast-moving consumer goods from Lagos and Ogun states to other states, thereby boosting commerce, creating jobs, and improving cargo movement efficiency.”

For the medium term, Akinola disclosed that SWDC has applied for an operational licence for new routes, expressing optimism for prompt approval. He noted that the commission was exploring opportunities to bring in private-sector partners to operate selected rail lines across the region.

“This agenda has previously been advanced by the DAWN Commission, and we are now in a position to fast-track its implementation,” he said.

In advancing these proposals, Akinola stated that both agencies have agreed on a joint technical team, assuring that SWDC is working with the six Southwest governors to construct strategic road spurs to rail stations that will link dry ports, industrial hubs, and related facilities.

Tags :

Related Posts

Must Read

Popular Posts

The Battle for Africa

Rivals old and new are bracing themselves for another standoff on the African continent. By Vadim Samodurov The attack by Tuareg militants and al-Qaeda-affiliated JNIM group (Jama’a Nusrat ul-Islam wa al-Muslimin) against Mali’s military and Russia’s forces deployed in the country that happened on July 27, 2024 once again turned the spotlight on the activities...

I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...