FG, CCECC sign $6.68 bn contract for implementation of Ibadan-Kaduna segment of Lagos/Kano rail line
|Transportation Minister, Rotimi Amaechi, at the signing of the contract|
Tuesday signed a Contract of $6.68 Billon on the Ibadan – Kaduna
Railway Segment of the Lagos-Kano Railway Line with the China Civil Engineering
Construction Corporation (CC.ECC).
Addressing Journalists shortly
after signing the Contract, the Honourable Minister of Transportation,
Rt. Hon. Rotimi Amaechi, said that the Contract was for the
implementation of Addendum no. 4 Ibadan- Kaduna segment of the Lagos- Kano Rail
line at the cost of $6.68 billion.
Line, which is part of the Lagos-Kano rail line” he said.
completion time of the contract should between 2-3 years, depending
on the availability of funds.
should be able to provide its counterpart funding between 2018 and 2019 budget
will pass through Oshogbo-Ilorin-Minna to Kaduna, with a single track branch
line from Oshogbo to Ado- Ekiti.
Contract fulfills the Federal Government’s plan to complete the
Lagos- Kano rail modernization Project which started in 2006 and broken into segments
for implementation in 2008.
commenced in Abuja- Kaduna Rail Line in 2011, which was completed and
commissioned into commercial operation by President Muhammadu Buhari in 2016.
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.
contract concludes all outstanding Segment of Lagos – Kano Rail Line,
the minister said.