FG to Complete Lagos-Ibadan, PH-Calabar Rail Projects in 2018 – Rotimi Amaechi
“The federal government yesterday disclosed that it would complete the Lagos-Ibadan segment of the Lagos-Kano rail project and the Port Harcourt-Calabar wing of Lagos-Calabar coastal rail project before the end of 2018.
At the lecture, the minister disclosed that the federal government was working “to complete the Lagos-Ibadan segment of the Lagos-Kano railway in two and half years. In another two and half years, we will try and complete the Port Harcourt-Calabar segment of the Lagos-Calabar rail project.”
By the time rail projects are completed, the minister explained that it would largely help those who could not afford the rent in Lagos “to live in Ibadan. Already, due to the Kaduna-Abuja railway, workers in Abuja have begun to relocate to other northern states and resume to Abuja daily to do their business.”
The minister, according to the News Agency of Nigeria (NAN), said the MoU was being signed in compliance with the China Exim Bank requirement.
He added that the Ministries of Finance, Works and Housing, National Planning and Justice were all involved in efforts to drive the project to completion in record time.
“I am told that before November, we can commence the Lagos-Ibadan construction.
“So, we can begin to count for CCECC in the case of Lagos-Ibadan from November, hoping that in November 2018, you should have finished work.’’
The minister further added that the Federal Government would get the counterpart fund for the project expected to cost 3.4 billion dollars.”
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