The Federal Government has concluded plans to award the contract for the construction of Lagos-Ibadan railway contract.
According to the Minister of Transport, Rotimi Amaechi, plans are also underway to sign the contracts for Kano-Kaduna and Calabar-Port Harcourt railway projects before the end of this week.
Amaechi, who spoke in Abuja at one year memorial lecture in honour of former General Secretary of Alliance for Credible Election, late Emma Ezeazu, said: “This year, we will start the Lagos-Ibadan, railway project. You know the difference between us and the rest, we will not say ‘go and start’, we will look for counterpart funding.”
He added: “We will bring our counterpart fund and give to the Chinese because their money is already in their bank account. It is for us to bring our own. If we bring our own, they bring their own to make sure there is no delay, we will bring all our own to give them and say ‘go and start work’”.