The Minister of Transportation, Mr Rotimi Amaechi, has ordered the Nigerian Railway Corporation (NRC) to re-evaluate its existing assets at the Apapa Ports, to create space for the proposed Apapa rail station.
Amaechi said this on Saturday while inspecting the site for the proposed station, which is part of the ongoing Lagos-Ibadan standard guage rail project in Lagos.
According to him, after inspecting the site, the railway property at Apapa actually calls for an audit, to know which of the property is still on lease, as well as those whose lease had expired.
“How can the NRC acquire its own property, if all this property is for the NRC and it is leased out? We need to know for how many years, if it has expired or not.
“Let us revalue them. If we are to convert some of the property for the proposed station, will that make economic sense or not? Or do we modify them into a Hotel or a Shopping Mall, just as we have done at the Ebute Meta station?
“They should not just…
