{"id":22150,"date":"2019-05-08T08:47:04","date_gmt":"2019-05-08T08:47:04","guid":{"rendered":"http:\/\/newsroom247.com.ng\/?p=22150"},"modified":"2019-05-08T08:47:04","modified_gmt":"2019-05-08T08:47:04","slug":"fg-awards-3-9b-rail-line-contract-to-link-abuja-to-warri-seaport","status":"publish","type":"post","link":"http:\/\/newsroom247.com.ng\/?p=22150","title":{"rendered":"FG Awards $3.9B Rail Line Contract to Link Abuja to Warri Seaport"},"content":{"rendered":"<p><iframe loading=\"lazy\" src=\"https:\/\/www.alternativeadvert.com\/show.php?z=30&amp;pl=18688&amp;ad_type=81&amp;rl=1800\" width=\"336\" height=\"280\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p><strong>Rotimi Amaechi, minister of transportation, says the federal government has approved the construction of Warri seaport at the cost of about 3.9 billion dollars and also awarded contract for Abuja-Warri rail line.<\/strong><\/p>\n<p>Amaechi told NAN on Tuesday in Abuja that the federal government also approved the linking of Abuja to Itakpe, Itakpe-Warri, then from Warri rail to the seaport.<\/p>\n<p>\u201cThe President awarded the contract for Abuja to Warri, Abuja to Itakpe, then to Warri. From Warri rail to the seaport. We are building a new seaport in Warri, the cabinet approved it last week, that is about 3.9 billion dollars,\u201d he said.<\/p>\n<p>He, however, said that about 45 billion dollars was needed to complete rail development in the country.<\/p>\n<p>The minister said that once the Lagos-Kano, Port Harcourt-Maduguri, Lagos-Calabar and Abuja-Warri rail lines are constructed, the rail would have covered the country.<\/p>\n<p>According to him, government has not spent over 3 billion dollars so far on all the ongoing projects.<\/p>\n<p>\u201cThe Lagos-Ibadan will cost about 1.6 billion dollars, that doesn\u2019t include the extra cost of things we didn\u2019t prepare for or see in the evaluation; Abuja-Kaduna was constructed with about a billion dollars,\u201d the minister said.<\/p>\n<p>\u201cWe also paid 500 million dollars to buy locomotives and rolling stocks for Lagos-Ibadan, I can\u2019t remember how much we spent buying rolling stocks for Kaduna-Abuja, that is what we have spent so far.<\/p>\n<p>\u201cSo all the noise that you hear people saying we have spent 8 point something billion dollars is not true. I don\u2019t think we have spent up to three billion dollars so far. Railway is capital intensive, a trillion naira is about 2.7 billion dollars.<\/p>\n<p>\u201cAnd that is for 200km of railway, if you plan to do Lagos-Ibadan and you are looking at 8.7billion dollars that is between 3 and 4 trillion Naira. That is why I said we will need about 35 to 45 billion dollars.<\/p>\n<p>\u201cTo be able to do Lagos-Kano, Port harcourt-Maduguri, Lagos-Calabar and Abuja-Warri, once we do this four tracks, we have covered the country and we have solved the problems of transportation to a great extend.\u201d<\/p>\n<div>\n<div id=\"custom_html-4\" class=\"widget_text widget-1 first panel\">\n<div class=\"textwidget custom-html-widget\"><\/div>\n<\/div>\n<\/div>\n<p><code><iframe loading=\"lazy\" src=\"https:\/\/www.alternativeadvert.com\/show.php?z=30&amp;pl=18688&amp;ad_type=81&amp;rl=1800\" width=\"336\" height=\"280\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><br \/>\n<\/code><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rotimi Amaechi, minister of transportation, says the federal government has approved the construction of Warri seaport at the cost of about 3.9 billion dollars and also awarded contract for Abuja-Warri rail line. Amaechi told NAN on Tuesday in Abuja that the federal government also approved the linking of Abuja to Itakpe, Itakpe-Warri, then from Warri [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":22151,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"ngg_post_thumbnail":0,"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[4],"tags":[462,5451],"class_list":["post-22150","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-rotimi-amaechi","tag-warri-seaport"],"jetpack_featured_media_url":"http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2019\/05\/train.jpg","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4oswh-5Lg","_links":{"self":[{"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/posts\/22150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22150"}],"version-history":[{"count":1,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/posts\/22150\/revisions"}],"predecessor-version":[{"id":22152,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/posts\/22150\/revisions\/22152"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/media\/22151"}],"wp:attachment":[{"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22150"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}