NewsExpress advert FCMB banner Fidelity bank banner NewsExpress advert
FG signs $6.68bn contract agreement for implementation of Addendum No.4 Ibadan-Kaduna segment of Lagos-Kano Rail Line

By News Express on 16/05/2018

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 350

•Transport Ministry and CCECC officials during the contract signing ceremony
•Transport Ministry and CCECC officials during the contract signing ceremony

The Federal Government has today signed a Contract Agreement of $6.68 billion on the Ibadan – Kaduna Railway Segment of the Lagos-Kano Railway Line with the China Civil Engineering Construction Corporation (CCECC).

Addressing journalists shortly after signing the Contract Agreement, Minister of Transportation Rt. Hon. Chibuike Rotimi Amaechi, said that the Contract Agreement is for the implementation of Addendum no. 4 Ibadan- Kaduna segment of the Lagos – Kano Rail line at the cost of $6.68 billion.

“This one is Ibadan – Kaduna Rail Line which is part of the Lagos-Kano rail line,” he said. The Hon. Minister added that the completion time of the contract should between 2-3 year depending on the availability of funds.

Rt. Hon. Amaechi promised that the Ministry should be able to provide its counterpart funding between this year and next year budget provision.

The Ibadan- Kaduna Standard Gauge line will pass through Oshogbo-Ilorin-Minna to Kaduna, with a single track branch line from Oshogbo to Ado – Ekiti.

This Contract is in fulfilment of Federal government’s plan to complete the Lagos- Kano rail modernisation project which was started in 2006 and broken into Segments for implementation in 2008. The Segmentation phase commenced in Abuja- Kaduna Rail Line in 2011 which was completed and commissioned into Commercial operation by President Muhammadu Buhari in 2016.

The Federal government in March 2017 commenced implementation of the second leg of the Lagos - Kano line which is the Lagos-Ibadan Rail line that is currently on-going and is planned to be completed by the end of 2018.

Signing of this Ibadan –Kaduna Segment Contract Agreement today concludes all outstanding Segment of Lagos – Kano Rail Line.

Source News Express

Posted 16/05/2018 04:00:11 AM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

 

You may also like...
FG stalls trial of Saraki, others over alleged...

Sent home to die? Sick Mandela spends first...

Cyber criminals hack into 143m accounts

Commander celebrates Eid-Fitr with wounded soldiers

Ikeja Electric announces one-month power interruption

Senate begins hearing on fuel scarcity, shuns subsidy...

No plan to register northerners —Imo Govt •Demands...

Makarfi throws PDP national chairmanship race open

Army jails soldier for molesting civilian

BOKO HARAM launches fresh offensive; attacks schools, hospitals,...

Kano Assembly, others pledge to pass NotTooYoungToRun Bill...

Buhari nominates new NDDC Board members for Abia,...

 

Latest News Intervention Group recommends sack of IGP Ibrahim Idris •Says Nigeria about to collapse Intending RCCG couples to undergo mandatory genital tests Catholics to Buhari: End the killings or resign Boko Haram insurgency affects 14m people Teleology’s Nigerian shareholders in search of funds to close 9mobile deal Kwara shuts 40 illegal schools Okorocha: I am not leaving APC for any reason Okada operators ordered out of Awka, Onitsha Hope rises for Nigeria as oil nears $100 per barrel Stakeholders tackle customs over multiple cargo examination Ebonyi non-indigenes drum support for Umahi ATCON rejects CBN’s cyber security levy

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (345,365 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (342,072 views) Shameless Genevieve Nnaji exposes breasts in public (273,462 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (224,819 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (205,242 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (202,877 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (176,991 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (159,283 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (150,229 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (143,508 views) Lagos plane crash: Journalist releases victims’ names (140,038 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (132,433 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (41) Business & Economy (3,150) Business Verdict (43) Columnists (854) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (497) Features (598) Global Business Monitor (274) International (1,969) Interview (149) Live Commentary (28) Love Matters (120) News (35,530) Opinion (959) Pidgin (10) Politics (5,048) Religion (744) Sports (1,516) Stock Watch (29) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Boko Haram commanders surrender

 

APO Group Partner

 

 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement