Rt. Hon. Rotimi Amaechi, Honourable Minister for Transportation

Government needs $656m to complete Lagos-Ibadan Railway ─Minister

*Rt. Hon. Rotimi Amaechi, Minister for Transportation, informs Federal lawmakers that construction of the rail project is 92 percent close to completion

Emmanuel Akosile | ConsumerConnect

Rt. Hon. Rotimi Amaechi, Nigeria’s Honourable Minister for Transportation, has said the Federal Government requires $656 million to complete work on the ongoing Lagos-Ibadan Railway project.

The Minister stated this Friday during his appearance in the Senate to defend his Ministry’s proposed 2021 budget in the Upper Legislative Chamber of the country’s National Assembly (NASS).

Amaechi said the sum of money is needed to put the necessary infrastructure in place for the project to serve its intended purpose for Nigerian rail travellers.

He stated: “Some aspects of works involving the construction of upgraded railway station, signalling and telecommunication systems, power supply scheme and the construction of pedestrian and overpass bridges have to be completed.

“These additional and extra works amounting to $656 million which is to be financed 100 percent by the Federal Government of Nigeria has been approved by the Federal Executive Council for implementation.”

According to the Minister, the construction of the project is 92 percent close to completion, but he lamented that the work was disrupted following the recent #EndSARS protests that shook most parts of the country.

He as well disclosed that the Ibadan-Kano Railway project also required an injection of $645.3million as advance payment to enable the Federal Government to complete its loan signing agreement with the China Exim Bank.

The Federal Ministry of Transportation would commence the reconstruction and rehabilitation of the Port-Harcourt-Maiduguri Eastern Narrow Gauge railways in 2021, said Amaechi.

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