Home / Uncategorized / Ibadan-Kaduna Rail Line: FG Signs $6.68bn Contract with CCECC

Ibadan-Kaduna Rail Line: FG Signs $6.68bn Contract with CCECC

Minister of Transportation, Rt. Hon Chibuike Rotimi Amaechi

 

The Federal Government has  signed a Contract Agreement of $6.68 Billon  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, the Honourable 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 Rotimi Amaechi promised that the Ministry should be able to provide its counterpart funding between this year and next year budget provision.

According to a press release  by Mrs Yetunde Sonaike, PPR in the Ministry said 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.

The press release by Sonaike said this Contract is in fulfilment of Federal government’s  plan to complete the Lagos- Kano rail modernization 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  concludes all outstanding Segment of Lagos – Kano Rail Line.

About Editor_01

Check Also

Katsina Refinery Ready In 2021 – Minister

The Minister of State for Petroleum Resources, Ibe Kachikwu says the approved private sector driven …

Offa Bank Robbery: Again Police Summon Saraki, Senate President Says Invitation Political

By David Odama   The Police Tuesday night again summoned Senate President, Abubakar Bukola Saraki …

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: