Lagos-calabar railway project; FG and China Civil Engineering Construction Corporation (CCECC) sign MoU @ $11.12bn

All is now set for the commencement of Lagos-calabar railway project. The Minister of Petroleum, Chief Rotimi Amaechi signed the MoU on behalf of the Federal government at $11.12bn. The President of CCECC, Cao Baogang signed on behalf of the company. The contract was awarded by President Goodluck Jonathan at $11.92bn but negotiated downwards. FG…

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All is now set for the commencement of Lagos-calabar railway project. The Minister of Petroleum, Chief Rotimi Amaechi signed the MoU on behalf of the Federal government at $11.12bn.

The President of CCECC, Cao Baogang signed on behalf of the company. The contract was awarded by President Goodluck Jonathan at $11.92bn but negotiated downwards.

FG has saved $800m from this singular act.

The railway project will cover the following:

***Lagos

***Ore

***Ijebu Ode-Omu

***Sagamu

***Benin

***Sapele

***Agbor

***Asaba

***Onitsha

***Aba

***Port Harcourt

***Calabar

***Uyo

***Ughelli

***Warri

***Sapele

***Yenagoa

***Otuoke

This is really a welcome development as it will create jobs for the youths. Kudos.
 
 
 

One response to “Lagos-calabar railway project; FG and China Civil Engineering Construction Corporation (CCECC) sign MoU @ $11.12bn”

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