The Minister of Transportation, Mr Rotimi Amaechi, has promised that the Calabar-Port Harcourt Coastal rail line and the Lagos-Kano rail project would be completed before end of 2018.
Amaechi spoke in Abuja while signing the Memorandum of Understanding (MoU) with a Chinese company, China Civil Engineering Construction Corporation Ltd. (CECC).
The minister said the MoU was being signed in compliance with the China Exim Bank requirement.
He added that the ministries of Finance, Works and Housing, National Planning and Justice were involved in efforts to drive the project to completion.
โI am told that before November, we can commence the Lagos-Ibadan construction.
โSo, we can begin to count for CCECC in the case of Lagos-Ibadan from November, hoping that in November 2018, you should have finished work.โโ
The minister added that the Federal Government will get the counterpart fund for the project at $3.4 billion.
In his remarks, Mr Jack Li, the managing director of CCECC, said the project would be completed in record time.
Li said the project would benefit the people and the society.
He promised that the Calabar-Port Harcourt Coastal rail line will be built in line with international standard.
โI want to give my commitment and assure you that on completion, the rail line will be as good as, or even better than the completed Abuja-Kaduna rail line.