FG Approves $3.02bn For Rebuilding Of Port Harcourt–Maiduguri Rail Line

'Dotun Akintomide
Writer

Ad

Peter Obi, Activists, Others Warn of Fresh hardship as FG imposes 5% fuel tax

By Obinna Uballa Nigerians may be in for fresh economic hardship as the Federal Government announced a new 5 percent tax on all refined fossil fuel sales, including petrol, diesel, and aviation fuel, with effect from January 2026. The levy, introduced under the Harmonized Tax Act recently signed by President Bola Tinubu, will be collected…

Peter Obi Denies Seeing Viral Video of Tinubu's Motorcade In Lagos, Blasts Vulgar Displays

I ‘ll end Banditry in Two Months If… Zamfara Gov, Dauda Lawal, Declares

By Abiola Olawale Zamfara State Governor Dauda Lawal has declared that he could eradicate banditry in the state within two months if granted direct control over security agencies. While speaking on the issue of banditry in Zamfara, the governor expressed frustration over what he described as the centralized command structure of the Nigeria Police Force…

Tinubu jets out again, to France, UK, on vacation, shortly after Japan, Brazil trips

By Obinna Uballa President Bola Tinubu on Thursday departed Abuja for Europe to begin a 10-day working vacation, the State House has announced. According to a statement by his Special Adviser on Information and Strategy, Bayo Onanuga, the President will spend the period between France and the United Kingdom as part of his 2025 annual…

Ad

By Gbenga Abulude 

The Federal Government on Wednesday approved the award of contracts for the rebuilding of the Port Harcourt-Maiduguri eastern narrow gauge rail line, which will have “new branch lines and trans-shipment facilities”.

The Minister of Transportation, Mr Rotimi Amaechi, said this when he briefed newsmen after the 18th Federal Executive Council (FEC) meeting.

According to the News Agency of Nigeria (NAN), the meeting was presided over by President Muhammadu Buhari at the Council Chamber of the Presidential Villa in Abuja.

Amaechi also revealed that FG approved the construction of a new deep seaport in Bonny, under Private-Public- Partnership (PPP) programme and the construction of a railway Industrial park in Port Harcourt.

“The Federal Executive Council today, approved the award of contract for the rehabilitation and reconstruction of the Port Harcourt to Maiduguri Eastern Narrow Gauge Railway, with new branch lines and trans-shipment facilities.

“It also approved the construction of a deep seaport in Bonny under PPP and construction of a railway industrial park in Port Harcourt.

“The railway line will be at the cost of $3,020,279,549. The industrial park, which is under PPP, at no cost to federal government, will cost $241,154,389.31.

“The Bonny deep seaport will cost $461,924,369, at no cost to the federal government.

“The Port Harcourt to Maiduguri narrow gauge railway will have new branch lines: from Port Harcourt to Bonny and from Port Harcourt to Owerri are new lines.

“There is another connecting to narrow gauge to standard guage at Kafanchan.

“There is a branch line from Gombe or before Maiduguri to Damaturu and Gashua. That’s what has been approved,’’ he said.

Ad

X whatsapp