The Federal Government of Nigeria, has approved 6.7billion dollars for the construction of Ibadan-Kaduna standard gauge railway project.
The Minister of Transportation, Rotimi Amaechi, made the disclosure after the meeting of the Federal Executive Council where the approval was granted. Amaechi said the project was part of the Ibadan to Kano railway project.
”The Council approved the award of a new contract from Ibadan to Kaduna. You know earlier the council had awarded from Kaduna to Kano.
”So, the entire Ibadan to Kano as a stretch has been awarded. What was awarded today was Ibadan to Kaduna at the cost of 6.7billion dollars. This is an old contract that was awarded in 2006.
“The only different now is that we had to award the spur that is going to Ado-Ekiti. There is a new contract from Oshogbo to Ado-Ekiti that has brought the entire contract to 6.7 billion dollars from Ibadan to Kaduna and it was awarded to a Chinese company,’’ he said.
