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Nigeria Approves Railway Study, Transport Minister Umar Says

Dec. 5 (Bloomberg) -- Nigeria, Africa’s top oil producer, approved contracts for feasibility studies for two new double carriage railways, Transport Minister Idris Umar said.

The plan includes a “detailed survey and alignment” of a 673-kilometer (418-mile) east-west coastal line and a 280-kilometer line connecting central Kogi State to Abuja, the capital. The lines will be built under a public-private partnership, Umar told reporters in Abuja today.

“We’re going to partner with the private sector to ensure the development of these lines,” Umar said.

Africa’s most populous nation with more than 160 million people is increasing infrastructure spending to spur business. Nigeria is reviewing laws guiding the operation of railways, ports and harbors to allow private investors to participate and help reduce government spending, the Abuja-based Bureau of Public Enterprises, the country’s privatization agency, said in June.

To contact the reporter on this story: Elisha Bala-Gbogbo in Abuja at ebalagbogbo@bloomberg.net

To contact the editor responsible for this story: Dulue Mbachu at dmbachu@bloomberg.net

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