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Fri, Apr

FEC Approves $11.17 Billion To Link All Nigeria’s Coastal Cities

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The Federal Executive Council (FEC) on Wednesday approved $11.17 billion to link all Nigeria’s coastal cities by rail in six years. Minister of Information and Culture, Lai Mohammed, briefed State Houses correspondents after the virtual FEC meeting presided over by Vice President Yemi Osinbajo on Wednesday at the Presidential Villa, Abuja. Mohammed said that the Minister of Transportation, Rotimi Amaechi, presented two memos that had to do with the federal government’s commitment to expanding and consolidating on the rail project. “The first one actually has to do with the Kano-Jibia rail and the other one has to do with the Port Harcourt-Maiduguri rail,” he said. “Actually what was approved today was funding to ensure that work starts immediately on those two rails. “And then, also another memo that was approved today was the ratification of the president’s approval for the award of contract for the Lagos-Calabar Coastal Standard Gauge.”

Mohammed said that under the former administration, approval was given but nothing was done.

“Today, the council has given approval to commence the Lagos-Calabar coastal rail,” he added.

“This particular route is very important because, after the Lagos-Kano route, this Lagos-Calabar coastal route actually will link all the coastal cities in the country.

“Actually, the proposed route alignment is as follows; it will go from Lagos to Sagamu, Sagamu to Ijebu-Ode, Ijebu-Ode to Ore, Ore to Benin City, Benin-City to Sapele, Sapele to Warri, Warri to Yenogoa, Yenegoa to Port Harcourt, Port Harcourt to Aba, Aba to Uyo, Uyo to Calabar, Calabar to Akamkpa to Ikom, Obudu Ranch with branch lines from Benin-City to Agbo, Ogwashi-ukwu, Asaba, Onitsha, and Onitsha Bridge and then Port Harcourt to Onne Deep Sea Port.

“This particular route is very important especially for our coastal economy; the cost of the project is 11. 17 billion dollars.”

He also added that the project is expected to be completed in six years' time.

In a related development, FEC also approved the award of contracts for the rehabilitation of Warri and Kaduna refineries to Messrs Saipem SPA and Saipem Contracting Limited at the combined sum of $1.484 billion. The Minister of State, Petroleum Resources, Timipre Sylva, disclosed this on Wednesday.

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