Lagos-Ibadan Railway project cost $1.58bn – FG

News Agency Of Nigeria

June 27, 2019 12:07 AM

The Permanent Secretary, Federal Ministry of Transportation, Mr Sabiu Zakari, says the total contract sum of the Lagos-Ibadan railway project is 1.58 billion dollars as against two billion dollars being insinuated by some media.

Abeokuta-Ibadan standard gauge railway near completion - Amaechi [Twitter/BashirAhmad]

Zakari made this known in a statement signed by the Assistant Director, Press of the Ministry, Anastasia Ogbonna, on Wednesday in Abuja.

He said the cost index/km of the project is 4.09 million dollars as against the 13.6 million dollars also alleged by a section of the media.

The Permanent Secretary assured Nigerians that the Lagos-Ibadan railway project was being executed in the spirit of transparency and accountability, which the present administration stood for.

According to him, the clarification became imperative following insinuations by some media organisations that the project was inflated over and above “a non-existent one in Ghana.”

Zakari said that information has it that “at best, the said Ghanaian project is at conceptual stage as there were neither construction designs nor cost estimates.

“Similarly, to give credence to the fact that there is no basis for comparism as raised by the allegations, the Ghanaian government has since refuted the publication.”

He described the said Ghanaian project as containing a lot of factual inaccuracies.

Zakari explained that the Lagos-Ibadan railway project was actually 386km since it is a double track rail line.

He said this was against the 156km alleged which is just the distance from Ebute Meta (Lagos) and Ibadan terminal stations only.

According to him, railway project does not depend solely on the distance between terminal points but rely on various factors.

He listed some of the factors to include but not limited to terrain, core operation accessories, land acquisition and compensation, earthworks, bridges, culverts and stations.

The permanent secretary said that ‘Due Diligence’ was followed in the award of the contract.

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He said the project was approved by Federal Executive Council after a Certificate of No Objection by the Bureau of Public Procurement was issued.

The News Agency of Nigeria (NAN) reports that the first segment of the project was approved in 2012.

While the current administration approved the second segment to link Ebute Meta (Lagos) to Apapa Port complex to ease the perennial traffic.

News Agency Of Nigeria