Economy News Osun

Ado-Ekiti, Osogbo To Be Linked By Rail as FG signs $6.68b contract

Ado-Ekiti, Osogbo To Be Linked By Rail as FG signs $6.68b contract
  • PublishedMay 16, 2018

The Minister of Transportation, Rotimi Amaechi, has revealed that Ado Ekiti, capital of Ekiti state, would be connected to Lagos-Kano rail line, as he signed a $6.68 billion dollars contract agreement for the Ibadan-Kaduna segment with China Civil Engineering Construction Corporation (CCECC).

Amaechi said at the signing ceremony in Abuja that Ado-Ekiti will be connected with a single track branch line from Osogbo,capital of the State of Osun. He signed the contract on behalf of the Federal Government.

โ€œThis agreement is for the Ibadan-Kaduna rail line, which is part of the Lagos-Kano rail line, the completion time of the contract should be between two to three years, depending on availability of funds,โ€ Amaechi said.

Amaechi promised that the ministry would be able to provide its counterpart funding between 2018 and 2019 budget provision, stating that the contract was a fulfilment of Federal Governmentโ€™s plan to complete the Lagos-Kano rail modernisation project.

โ€œThe Ibadan-Kaduna standard gauge line will pass through Oshogbo-Ilorin-Minna to Kaduna, with a single track branch line from Oshogbo to Ado-Ekiti.

โ€œThis contract is in fulfilment of Federal Governmentโ€™s plan to complete the Lagos-Kano rail modernisation project started in 2006 and broken into segments for implementation.

โ€œThe segmentation phase commenced from Abuja-Kaduna rail line in 2011, which was completed and commissioned into commercial operation by President Muhammadu Buhari in 2016.

โ€œThe Federal Government in March 2017 commenced the second leg of the Lagos-Kano line that is currently ongoing and planned to be completed by the end of 2018.

โ€œThe signing of the Ibadanโ€“Kaduna segment contract agreement today concludes all outstanding segments of the Lagos-Kano rail line.โ€

SOURCE: DAILYTRUST

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