LAGOS-IBADAN RAILWAY COST BELOW $2BILLION

Date:

Aminat Isah, Abuja

The federal government has revealed that the total contract sum of the Lagos-Ibadan railway project is US$1, 581,847,371.00 as against the US$2billion alleged and that the cost index/km is US$4.09million as against the US$13.6million as alleged by a section of the media.

The Permanent Secretary, Federal Ministry of Transportation, Mr. Fabiu Zakari, disclosed this while speaking with members of the Press in his office in Abuja on Wednesday, and said the Lagos-Ibadan railway project is being executed in the spirit of transparency and accountability of which the present administration stands for.

According to him, “the clarification became imperative following insinuations by some media houses that the project was inflated over and above a non-existent one in Ghana.”

He added that information has it that at best the said Ghanaian project is at conceptual stage as there are neither construction designs nor cost estimates.

Similarly, he said that to give credence to the fact that there is no basis for comparism as raised by the allegations, the Ghanaian government has since refuted the publication, describing it as “containing a lot of factual inaccuracies.”

He further explained that the Lagos-Ibadan railway is actually 386km since it is a double track rail line as against the 156km alleged which is just the distance from Ebute Meta (Lagos) and Ibadan terminal stations only.

He explained that railway project does not depend solely on the distance between terminal points but rely on various factors which include but not limited to terrain, core operation accessories, land acquisition and compensation, earthworks, bridges, culverts and stations.

He further said, due Diligence was followed in the award of the contract as the project was approved by Federal Executive Council after a Certificate of No Objection by the Bureau of Public Procurement was issued.

It would be recalled that the first segment of the project was approved in 2012 while the current administration approved the second segment to link Ebute Meta (Lagos) to Apapa port complex to ease the perennial traffic gridlock that has defied solutions.

Facebook Comments Box

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Latest

More like this
Related

Tinubu Picks APC Nomination Form, Signals 2027 Re-Election Bid

President Bola Tinubu has formally set the stage for...

Armed Men Attack Benue Community, Kill Residents, Destroy Homes

At least two people have been killed and several...

Oil Prices Climb Above $100 as Iran Conflict Talks Stall

Global oil prices surged this week as diplomatic efforts...

Supreme Court Decisions Shake ADC, PDP Leadership as INEC, Wike React

A series of Supreme Court rulings on Friday have...

Nigerian Army Denies Torture Allegations Over Soldier’s Death in Sokoto Detention Facility

The Headquarters 8 Division of the Nigerian Army has...

Tension in Abuja Court as Sowore Confronts Former AGF Malami

Former presidential candidate and human rights activist, Omoyele Sowore,...

Journalists Barred as Court Orders Fast-Track Trial of Alleged Coup Suspects

The Federal High Court in Abuja has ordered an...

Suspected ISIS Attack Rocks Adamawa Communities

A deadly attack on Guyaku and Telabala communities in...