- The FG says Ibadan-Kano rail project will start in January 2020
- The project, according to the government, will start immediately the China Exim Bank approves the loan for the contract
- Meanwhile, the free rail services for passengers moving from Lagos to Ibadan would continue till April 2020
The Ibadan-Kano rail project might start in January 2020, says the minister of transportation, Rotimi Amaechi.
According to the minister, the federal government is expecting the China Exim Bank to approve the loan for the contract.
He disclosed this on Wednesday, December 18, at the Presidential Villa, Abuja, while briefing journalists on the outcome of the cabinet meeting chaired by President Muhammadu Buhari.
Going further, he said the free rail services for passengers moving from Lagos to Ibadan would continue till April 2020 when Buhari would commission the project.
“We also reported that we believe that Lagos to Ibadan should also be ready for commissioning before April if the President’s will permit it. We’ve commenced trial-run on Lagos to Ibadan. The last time before tomorrow (Thursday), we ran from Iju to Ibadan. By tomorrow, we’ll start running from Agege to Ibadan. By the time we return from the holidays, we’ll be running from Ebite-meta to Ibadan.
Meanwhile, Legit.ng had reported that members of the House of Representatives discovered that N1.2 billion missing from the coffers of the Nigerian Railway Corporation (NRC).
Lawmakers of House committee on public accounts said the corporation failed to defend an allegation that the money was missing from its coffers.
Speaking on the missing fund, the chairman of the committee, Wole Oke, on Tuesday, December 17, said the NRC management had appeared before it based on an audit inquiry by the Office of the Accountant General of the Federation.
Oke said the audit process showed for 2013 and 2014 financial years some discrepancies which led to the House stepping down the budget defence by the corporation.
He also said that the committee rejected NRC management presentations by the Mrs O. Osunmade and A. Niyi.
Oke said: “We’ll have to step down their matter for misrepresentation of facts, consequently; a subcommittee will be set up to look into the financial books and the activities of the corporation for accountability."
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