Home » Tag Archives: rail project

Tag Archives: rail project

FG announces Ibadan–Kano Rail Project would begin First Quarter 2020 

Ibadan-Kano

The Federal Government has announced that the Ibadan-Kano rail project would be starting off by the first quarter of year 2020. The minister of Transportation, Chibuike Amaechi, said this while speaking to journalists on the sidelines of the December inspection of the project. Amaechi, who commended the contractor, China Civil Engineering Construction Company (CCECC) for the just-completed 156 kilometre track from Lagos to ...

Read More »

Ogun community bemoans deplorable link road caused by Lagos-Ibadan rail project

Ogun

Residents of Alagada community in the Obafemi/Owode Local Government, Ogun State, have lamented the deplorable condition of the link road in the community, which they alleged was caused by the ongoing Lagos-Ibadan rail project in the axis. The aggrieved residents said a tunnel constructed as a link road had become impassable due to incessant flooding. They said the flooding arose ...

Read More »

FG to Demolish Structures on Lagos-Ibadan Rail Corridor

rail

The federal government has directed all owners of businesses and structures within the Apapa-Ebute-Meta corridor of Lagos-Ibadan railway to relocate in order to allow the construction of the rail project continue without delay. The apex government equally explained challenges hindering conveying of cargoes by train to and from the ports, disclosing that it had not constructed the standard gauge to ...

Read More »

FRC commends Lagos-Ibadan rail project

FRC

The Fiscal Responsibility Commission (FRC) says the ongoing Lagos-Ibadan standard gauge rail project has met the agency’s mandate of ensuring value for money and expected to be completed according to standards. Ibrahim Dauda, Director of the Audit Department, FRC, made the assertion during an inspection conducted by the agency’s team on the project in Lagos. Reports show that the FRC’s ...

Read More »

Lack of funds stalls linking major cities by rail – FG

rail

The Minister of Transportation Mr. Rotimi Amaechi has said the federal government hasn’t secured the necessary funds to commence the linking of the major cities by rail. The minister also said the FG is willing to welcome investors that will volunteer to muster capital to invest in Nigeria’s railways. Mr. Amaechi disclosed this yesterday during the 2019 Budget Defence before ...

Read More »

Ongoing Lagos-Ibadan road, rail project will be completed in 2019 – Buhari

Buhari

President Muhammadu Buhari on Saturday said he has instructed the Southwest governors and the Minister of Works, Power and Housing, Babatunde Fashola and the Transportation minister, Rotimi Amaechi to ensure the completion of the ongoing Lagos-Ibadan expressway and therail projectbefore the end of 2019. The president, who spoke at Mapo Hall in Ibadan, venue of his presidential campaign rally, urged ...

Read More »

Federal Government defends $823M spent on Abuja light rail project

Abuja

The Federal Government on Thursday said that the 823 million dollars spent on 45.245 km Abuja light rail mass transit, inaugurated by President Muhammadu Buhari on July 22, was justifiable. The Minister of Information and Culture, Alhaji Lai Mohammed, who took journalists on a tour of the rail project in Abuja, said contrary to misconception by critics, the project was ...

Read More »

Nigeria awards $6.6bn Lagos-Kano rail project to Chinese firm

rail project

The China Railway Construction Co. (CRCC) has announced that Nigeria has contracted it to work on a rail project that connects Lagos and Kano. The project, which is scheduled to be delivered within 48 months, will cost $6.681 billion. In a press bulletin Thursday, CRCC said the project will contain feeders from Osogbo to Ado-Ekiti. The project’s main line is ...

Read More »

Lagos- Ibadan rail project to be completed in 2018 – Osinbajo

Invest in Nigeria now, Osinbajo

According to The Nation, acting President Yemi Osinbajo has flagged off the N458 billion Lagos – Ibadan rail project, assuring that the project would be completed within the time frame of December 2018. Osinbajo, who spoke at the ground breaking ceremony held at Nigerian Railway Corporation premises in Ebute Metta, Lagos, described the development as a reflection of the Federal ...

Read More »

FG releases counterpart funding for Lagos-Ibadan rail project

Railway frustration forces Dangote to assemble truck - Amaechi

The Nation reports that Federal Government on Monday said it has released N72 billion as the full counterpart funding for the construction of Lagos-Ibadan modernization railway project. This was disclosed by the Minister of Transport, Rotimi Amaechi, at the second Presidential Business Forum in Abuja. He said: “For the construction of Lagos-Ibadan railway, the Minister of Finance has been kind ...

Read More »
https://nigeriarealestatehub.com/wp-content/uploads/2023/09/terrapy-3.0-banner-900-X-90-scaled.jpg