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FG approves $3 billion Port Harcourt-Maiduguri railway and $462 million Bonny deep seaport

The Federal Government has approved $3 billion for the construction of Port Harcourt-Maiduguri railway.

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FG approves $3 billion Port Harcourt-Maiduguri railway and $462 million Bonny deep seaport, Banks to hold shipowners accountable for $200m CVFF disbursement. FG sets deadline for completion of Ibadan-Kano rail project, gives reason for delay 

The Minister of Transport, Rotimi Amaechi has announced that the FG has approved rehabilitation and reconstruction of the Port Harcourt-Maiduguri Railway for the sum of $3.02 billion.

The Minister disclosed this to reporters after the 18th virtual meeting of the Federal Executive Council on Wednesday.

Nairametrics reported last week that Amaechi said the $1.9billion Kano-Niger rail would enable Nigeria to service landlocked West African nations through the movement of cargoes to Lagos and also make Nigeria compete with other coastal West African nations.

READ: FG approves N75 billion investment fund for youth-driven enterprise 

In today’s statement, he said, “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.”

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The reconstructed rail will have new lines from Bonny to Port Harcourt and Port Harcourt to Owerri.

READ: NigComSat at risk of losing $150 million Chinese loan over dissolution of FEC 

“The Port Harcourt to Maiduguri narrow gauge railway will have new branch lines; from Port Harcourt to Bonny and from Port Harcourt to Owerri. 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,’’ the Minister added.

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3 Comments

3 Comments

  1. CHIGOZIE NWACHUKWU

    October 8, 2020 at 2:19 am

    Weldone Amaechi.

  2. Abdullahi Shehu O

    October 8, 2020 at 12:50 pm

    Great

  3. Ubimago

    October 9, 2020 at 3:05 am

    Yet Wike said Amechi did nothing in Rivers State as a minister, meanwhile, there is a Federal project going on under my nose (Bonny-Bodo road).

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Business

7 stowaways, including Nigerians, arrested after suspected hijacking off Isle of Wight

Seven suspects were detained after a hijacking involving stowaways on a tanker off the Isle of Wight.

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7 stowaways, including Nigerians, arrested after suspected hijacking off Isle of Wight, ABCON shakes the table, Nigeria imported, Petrol import drops as importation of cooking gas increases by 21% 

7 stowaways, including Nigerians on board a Liberian registered oil tanker heading for England have been detained, after a suspected hijacking off the coast of Isle of Wight.

This was announced by the UK’s Ministry of Defence and several British News Media on Sunday evening.

READ: #EndSARS: UK ready to support genuine reform of police in Nigeria – British High Commissioner 

The Ministry of Defence said: “In response to a police request, the Defence Secretary and Home Secretary authorised Armed Forces personnel to board a ship in the English Channel to safeguard life and secure a ship that was subject to suspected hijacking.

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READ: #EndSARS: Coca-Cola donates N20 million to cover medical bills of victims

“Armed forces have gained control of the ship and seven individuals have been detained. Police investigations will now continue. Initial reports confirm the crew are safe and well.”

According to BBC, the ship, Nave Andromeda, was on its way to the Fawley oil refinery in Southampton from Lagos, Nigeria and left Nigeria on the 5th of October.

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“According to a source close to the shipping company, the crew were aware of stowaways on board, but the stowaways became violent towards the crew while it was off the Isle of Wight.

“The crew retreated to the ship’s citadel, a secure area in which they can lock themselves, making it impossible for attackers to get in.

READ: #EndSARS: FG creates new N25 billion Youth Fund, to increase to N75 billion in 3 years

“This is standard procedure during a terrorist or pirate attack, but there is no suggestion the crew were doing more than protecting themselves from the stowaways. The crew contacted the coastguard, which then alerted police.

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“The men, from Nigeria and Liberia, waved metal poles and threw faeces and urine after being found hiding on the Grande Tema,” BBC said.

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The British Chairman of the Commons Defence Committee, Tobias Ellwood, said the stowaways taking over the ship, or forcing the ship not to be in command could have triggered a ” multi-agency alarm” which caused protocols to be put into action.

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Business

#EndSARS protest: Pentecostal Fellowship of Nigeria sues for peace

Chairman of the Cross River State PFN has urged protesting youth to sheathe their sword and give peace a chance.

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#EndSARS protest: Pentecostal Fellowship of Nigeria sues for peace

The Pentecostal Fellowship of Nigeria (PFN) join the list of well-meaning organizations advocating for peace in this critical time, just as the body urged the protesting youth to sheathe their sword, and give peace a chance.

The appeal comes after weeks of protests that have rocked different parts of the country. Making this vital call is the Chairman of PFN, Cross River State chapter, Dr. Lawrence Ekwok, who made the appeal in a statement made available to The Vanguard.

READ: $9.6 billion judgement: UK Court grants Nigeria stay of execution, requests $200 million payment 

What they are saying

Dr. Lawrence said, “On behalf of the entire leadership and membership of the Pentecostal Fellowship of Nigeria, PFN, (the umbrella body of all Pentecostal Churches) in Cross River State, I hereby appeal to all protesting youths in Cross River state to sheath their swords.

“I wholeheartedly feel and share in their pains that may have provoked the protests, however, have made their points loud and clear; I, therefore, appeal for restraint and call for calm and a stop to further destruction of property in the state.

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READ: Ayade signs PPP agreement for $15m cocoa city project with Israeli company

“This is especially so as the public property belongs to the people of Cross River State and not to any individual whether in government or out of government, just as it will not be fair to destroy property belonging to private persons or concerns who are contributing to the development of Cross River State.

“I am confident that our well-meaning youth will heed this call even as I pray that the Lord God Almighty will bless them and intervene speedily and restore peace to Cross River State in Jesus name, Amen!”

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READ: FG asks UK court for more time to appeal $9.6 billion arbitration judgement

Why this matter

The call is a step in the right direction, as it will help to reduce tension and avert looming religious, political, and ethnic crises that are capable of destabilizing the country. Therefore, it will be remarkable for other religious bodies, ethnic, and religious leaders to rise up to the challenge of condemning the arson and looting that have pervaded the nooks and crannies of the nation.

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Business

UPDATE: Lagos State reviews curfew again, now from 8pm to 6am

Governor Babjide Sanwo-Olu has once again reviewed the curfew in the state to now commence between 8 pm to 6 am.

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4 key points in the new Lagos 2020 Land Use Charge, Lagos offers tech founders N250 million seed fund, cuts stringent access , Governor Sanwo-olu launches 14 ferries to tackle gridlock, says Okada ban irreversible, ride-hailing

The Lagos State Governor, Babajide Sanwo-Olu, has further reviewed the curfew earlier imposed on the state to help contain the large scale violence following the hijacked #EndSARS protests against police brutality and extra-judicial killings. The curfew now starts at 8 pm and ends at 6 am daily.

This is coming 2 days after the Governor had eased the 24-hour curfew to start from 6 pm to 8 am daily.

This disclosure was made by the Lagos State Commissioner for Information and Strategy, Gbenga Omotoso, on Sunday, October 25, 2020.

Omotosho also asked residents of the state to go about their lawful duties, noting however that public and private schools in the state remain shut till further notice due to the security situation

The Commissioner in his statement said, “The curfew in Lagos State has been reviewed. Restriction time is now 8 pm to 6 am. Lagosians are enjoined to plan their journey times as they go about their lawful businesses. Public schools remain shut till further notice.”

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Nairametrics had reported the imposition of an indefinite 24-hour curfew by the Lagos State Governor, Babajide Sanwo-Olu, on Tuesday, October 20, 2020, following the outbreak of widespread violence across the state leading the loss of lives and looting and destruction of public and private assets.

This was later reviewed on Saturday, with the easing of the curfew, which is now expected to start from 8 am to 6 pm.

What this means

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This new review gives Lagosians an extra 4 hours to go about their daily activities.

What to expect

The Lagos State government will keep on reviewing and relaxing the curfew, as long as the security situation does not spike again.

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