The Federal Government on Monday signed a Contract Agreement of $6.68 Billon on the Ibadan – Kaduna Railway Segment of the Lagos-Kano Railway Line with the China Civil Engineering Construction Corporation (CCECC).
Minister of Transportation Chibuike Rotimi Amaechi who signed on behalf of the Federal Government, said the Contract Agreement is for the implementation of Addendum no. 4 Ibadan- Kaduna segment of the Lagos- Kano Rail line at the cost of $6.68 billion
“This one is Ibadan- Kaduna Rail Line which is part of the Lagos-Kano rail line” he said.
According to Amaechi, the contract will be finished in three years, depending on the availability of funds.
He assured that the Ministry should be able to provide its counterpart funding between this year and next year budget provision.
The Ibadan- Kaduna Standard Gauge line will pass through Oshogbo-ilorin-Minna to Kaduna, with a single track branch line from Oshogbo to Ado- Ekiti.
This Contract is in fulfilment of Federal government’s plan to complete the Lagos- Kano rail modernization Project which was started in 2006 and broken into Segments for implementation in 2008.
The Segmentation phase commenced in Abuja- Kaduna Rail Line in 2011 which was completed and commissioned into Commercial operation by President Muhammadu Buhari in 2016.