A consortium comprising Trafigura, Mota-Engil Engenharia e Construcao Africa SA, an international construction and infrastructure management company and Vecturis SA, an independent rail operator, has signed a 30-year agreement for the concession of rail services and logistical support for the Lobito corridor.
Sofia Carreiro & Pedro Silveira Borges of Servulo & Associados affirm the M&A market in Portugal remains healthy and discuss the trends of foreign investment.
The Muhammadu Buhari government has budgeted a total sum of N30,759,220,905 to complete the ongoing construction of the New Standard Gauge Rail Line: Kano-DayiI-Katsina-Jibiya including reaIignment to Dambata-Kazaure-Katsina-Jibiya-Miradi in Niger Republic and other ongoing railway projects under the ministry of transportation. SaharaReporters gathered this after a careful perusal of the Appropriation Bill 2023 which was presented before the National Assembly by President Muhammadu Buhari last Friday.
The Federal Government, yesterday, justified approval of N1,145,000,000 for the purchase of vehicles for the government of Niger Republic. This came after Nigerians expressed outrage over the action exposed by a popular social media influencer, David Hundeyin.