Kasim Sumaina in Abuja
The federal government yesterday signed a contract agreement of $6.68billion on the Ibadan-Kaduna Railway segment of the Lagos-Kano Railway Line with the China Civil Engineering Construction Corporation (CCECC).
The Minister of Transportation, Chibuike Rotimi Amaechi, in a statement by the ministry in Abuja, noted that the contract agreement is for the implementation of addendum number four Ibadan- Kaduna segment of the Lagos- Kano rail line at the cost of $6.68 billion
According to the statement, â€œThis one is Ibadan- Kaduna rail line which is part of the Lagos-Kano rail lineâ€ he said.
The minister added that the completion time of the contract should between 2 to 3 years depending on the availability of funds.
â€œThe ministry should be able to provide its counterpart funding between this year and next year budget provision.
â€œThe Ibadan- Kaduna Standard Gauge line will pass through Osogbo-Ilorin-Minna to Kaduna, with a single track branch line from Osogbo to Ado-Ekiti.
â€œThis contract is in fulfilment of federal governmentâ€™s plan to complete the Lagos- Kano rail modernization Project which was started in 2006 and broken into segments for implementation in 2008.
â€œThe segmentation phase commenced in Abuja- Kaduna Rail Line in 2011 which was completed and commissioned into commercial operation by President Muhammadu Buhari in 2016.
â€œThe 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.
â€œSigning of this Ibadan-Kaduna segment contract agreement today concludes all outstanding segment of Lagos â€“ Kano rail line.