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    Home»News»FG, CCECC Signs $6.7bn Ibadan-Kaduna Rails Contract
    News

    FG, CCECC Signs $6.7bn Ibadan-Kaduna Rails Contract

    straightnewsng.comBy straightnewsng.comMay 15, 2018 --- 11:39 pmNo Comments2 Mins Read
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    The Minister of Transportation, Chief Rotimi Amaechi says there is no money yet for the construction of Eastern railway in the country
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    The Federal Government and China Civil Engineering Construction Corporation, CCECC, Tuesday, signed a Contract Agreement of $6.68 billion on Ibadan-Kaduna rail line.

    The Minister of Transportation, Mr. Chibuike Rotimi Amaechi, said after the contract signing agreement that the Ibadan-Kaduna rail line was a segment of the Lagos-Kano rail line

    Amaechi said “This one is Ibadan- Kaduna rail line which is part of the Lagos-Kano rail line.”

    He said the contract would be completed between two and three years, depending on the availability of funds.

    The minister promised that the Ministry would be able to provide its counterpart funding between this year and next year budget provisions, adding that the Ibadan- Kaduna Standard Gauge line would 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 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,” Amaechi said.

    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.

    CCECC China Civil Engineering Construction Corporation Contract Agreement Federal Government Ibadan-Kaduna rail line Mr. Chibuike Rotimi Amaechi
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