pappy
March 2nd, 2008, 04:39 AM
FG to Build Metroline in Lagos, Abuja
President Umaru Musa Yar’Adua yesterday in Shangai, China promised that his administration will construct metroline projects in some major cities in the country, including Lagos and Abuja, to ease transportation problems in the areas.
President Yar’Adua, said his administration would welcome Chinese technical assistance for the successful execution of the projects.
The President said at the Shanghai Shentong Metro Company on the last day of his state visit to China that his administration was currently exploring options for financing the projects.
Special Adviser to the President (Communica-tions), Mr. Olusegun Adeniyi, in a statement quoted Yar’Adua as saying that: “We will be seeking your technical inputs very soon and I hope you will offer us the assistance we seek because we need to develop metro lines for some of our major cities like Lagos and Abuja to bridge the transportation gap.
“The main challenge is finance but once we have sorted that out, we will be getting back to you for technical support.
Adeniyi also disclosed that the Shanghai Shentong Metro Company operates the Shanghai Metro which is one of the world’s newest and most rapidly expanding subway system with an average of 2.18 million passengers daily.
At the coal-powered Waigaoqiao Power Plant which he also toured with his entourage, according to the statement, Yar’Adua said the visit had further “emboldened” him in his determination to exploit Nigeria’s vast coal deposits for the amelioration of the country’s current problems with power generation.
“I am happy that some Chinese companies are ready to partner with us along this line. Our goal is to build a power plant like this as we look at all sources of power to meet our energy needs and reposition our economy,” he said.
The President invited the Zong Xing Telecommunica-tion Equipment Company (ZTE) to invest in the production of mobile phone handsets in Nigeria and assured its Chief Executive, who accepted the invitation, that “the market is huge and will extend to the entire West African sub-region”.
At one other stop before leaving for home, President Yar’Adua urged the Chinese company which participated in the launching of Nigeria’s Nigcomsat to present proposals for the commercial exploitation of the satellite.
“I invite your company to have a stake in the project so that you can be involved in the maintenance as we take full commercial advantage of the benefits derivable from it,” he said. The company has however accepted the offer.
President Umaru Musa Yar’Adua yesterday in Shangai, China promised that his administration will construct metroline projects in some major cities in the country, including Lagos and Abuja, to ease transportation problems in the areas.
President Yar’Adua, said his administration would welcome Chinese technical assistance for the successful execution of the projects.
The President said at the Shanghai Shentong Metro Company on the last day of his state visit to China that his administration was currently exploring options for financing the projects.
Special Adviser to the President (Communica-tions), Mr. Olusegun Adeniyi, in a statement quoted Yar’Adua as saying that: “We will be seeking your technical inputs very soon and I hope you will offer us the assistance we seek because we need to develop metro lines for some of our major cities like Lagos and Abuja to bridge the transportation gap.
“The main challenge is finance but once we have sorted that out, we will be getting back to you for technical support.
Adeniyi also disclosed that the Shanghai Shentong Metro Company operates the Shanghai Metro which is one of the world’s newest and most rapidly expanding subway system with an average of 2.18 million passengers daily.
At the coal-powered Waigaoqiao Power Plant which he also toured with his entourage, according to the statement, Yar’Adua said the visit had further “emboldened” him in his determination to exploit Nigeria’s vast coal deposits for the amelioration of the country’s current problems with power generation.
“I am happy that some Chinese companies are ready to partner with us along this line. Our goal is to build a power plant like this as we look at all sources of power to meet our energy needs and reposition our economy,” he said.
The President invited the Zong Xing Telecommunica-tion Equipment Company (ZTE) to invest in the production of mobile phone handsets in Nigeria and assured its Chief Executive, who accepted the invitation, that “the market is huge and will extend to the entire West African sub-region”.
At one other stop before leaving for home, President Yar’Adua urged the Chinese company which participated in the launching of Nigeria’s Nigcomsat to present proposals for the commercial exploitation of the satellite.
“I invite your company to have a stake in the project so that you can be involved in the maintenance as we take full commercial advantage of the benefits derivable from it,” he said. The company has however accepted the offer.