The Minister of Transportation, Mr Chibuike Rotimi Amaechi, yesterday, said the Federal Government has concluded plans to award the contract for the construction of the Lagos-Ibadan railway project.
The former governor of Rivers State, explained that, “The President’s agenda is not just to recover loots. We are recovering as much as we can, But the president is determined to create employment. That is why you can see his focus In transportation.
Speaking further, Amaechi said, “ we will look for counterpart funding.” On how the project will be funded, he said, “We will bring our counterpart fund as poor as the country is now and give to the Chinese because their money is already in their bank account. If we bring our own, they bring their own to make sure there is no delay, If that happens, in two years, the Lagos-Ibadan will be ready.
“Tomorrow, I will sign the contracts for Calabar-Port Harcourt railway project. Before the week runs out, I will sign Kano-Kaduna. That is what we are doing. This is to show you that we are moving away from the corruption economy to production economy.” He said.