The Minister of Transportation Chibuike Rotimi Amaechi on behalf of the federal government has signed a memorandum of understanding (MoU), with Russian for the modernisation, development of railway infrastructure, rehabilitation of existing Nigerian Railway Corporation (NRC) rolling stock-fleet and upgrading of workshops across the country.
A statement from the ministry said the MoU, involves two Russian firms: Russian Joint Stock Company Russian Railway (JSCRR) and Transmash Holding, a private rolling stock manufacturing company.
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