Historical Facts on the Abuja-Kaduna Railway Project As Buhari Commissions…
The Modernisation programme commenced in 2006, with the signing of agreement between Nigeria and the CCECC for construction of a new standard gauge rail network Lagos-Kanoand Port Harcourt – Maiduguri and the Lagos CCalabar lines to replace the existing narrow guage lines, at a cost of $8.3 billion, over a 25- year period.
*Contract for the Abuja-Kaduna standard rail project was awarded in 2010 but the actual construction did not start till 2011. It is an 874 million dollar project with the Exim Bank of China’s facility of $500 million, while Nigeria was to pay the rest. The Project was scheduled for completion in 2014.
*Jonathan did not initiate the project, not to talk of completing it. He indeed, inherited it and had the opportunity of completion to take the glory, but he blew the opportunity.
*The Second phase of betrayal of terms of agreement befell the Rail Modernisation project, Lagos-Ibadan dual track standard gauge line. The contract was awarded in 2012 and to be completed in 2015. Federal Executive Council on July 18th, 2012 approved the sum of $1.457 billion as the project contract sum on 36 months completion period. The project was abandoned by Jonathan after 13 billion naira was appropriated in the 2012, 2013 and 2014 budgets with nothing to show for the sums.
Post authored and sponsored by the Buhari Media Support Group