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Business

Ebute Metta Railway station will be completed by December – Presidency

President Buhari’s aide has disclosed that Ebute Metta Railway Station is expected to be completed in the next two months.

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Ebute Metta Railway Station is 99% ready- Presidency

The Ebute Metta Railway Station, one of the stations on the Lagos-Ibadan railway route is expected to be completed by December 2020.

This is according to the Personal Assistant on New Media to the President of the Federal Republic of Nigeria, Bashir Ahmad, who disclosed this on Monday, through his verified Twitter handle.

Mr. Ahmad further revealed that the station and other stations on the route are expected to be completed by December.

“The Ebute Metta Railway station, one of the stations on the Lagos-Ibadan Railway route is nearly completed, the station and other stations on the route are expected to be completed by December,” he tweeted.

What you should know

Nairametrics had earlier revealed that the $1.6 billion Lagos-Ibadan railway project will be completed on or before January 2021. This is according to a forecast by the honorable Minister of Transportation, Rotimi Amaechi.

(READ MORE:FG to complete Marine beach bridge repairs ahead of due date)

Why it matters

The near completion status of the Ebute Metta railway station is a big boost to achieving the completion of the Lagos-Ibadan railway project. The railway project will help in decongesting our roads and enable the roads to last longer.

This is a big boost to the government’s drive to build strategic infrastructures that will drive economic growth and development.

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

1 Comment

1 Comment

  1. Anonymous

    October 27, 2020 at 5:32 pm

    Bashir what of Kano /Kaduna lines ? Any date for the commencement of the project or till 2023?

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Business

NSIP: FEC approves design and deployment of a management system

The FEC has approved the design, development, and deployment of a management system for NSIP.

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FG approves N8.49billion to procure COVID-19 testing Kits, others

The Federal Economic Council, FEC, has approved the development of a new management system for the National Social Investment Programme.

The platform would cover other National Social Investments Programmes projects including N-Power, Government Enterprise and Empowerment Programme (GEEP), Household Uplifting Programme and others.

This was disclosed by the Minister of Humanitarian Affairs, Sadiya Farouq, after the FEC meeting on Wednesday.

The FG said, “FEC today approved the Design, development, and deployment of a management system for NSIP, a technology platform for N-Power, GEEP, HUP and the School feeding programme.

The FEC also agreed to:

  • Approve a contract for an Integrated real-time data repository and security solution for Nigerian immigration.
  • Approve a change in scope of the contract for Abuja-Kaduna-Zaria-Kano Expressway — from the rehabilitation contract previously awarded, to a FULL RECONSTRUCTION, with provisions for trailer parks, tow stations, side-lanes, weighbridges and others.

In case you missed it: Nairametrics reported last month that the Federal Government approved the National Policy on Ageing for Older Persons in Nigeria through the Ministry of  Humanitarian Affairs, Disaster Management, and Social Development.

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Business

Deployment of 5 million solar power connections reaffirms commitment to global green energy – Osinbajo

Osinbajo has reaffirmed FG’s commitment to the global green energy initiative with the deployment of 5 million solar power connections.

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Vice President Yemi Osinbajo has stated that the Federal Government’s plan to electrify the homes of 25 million Nigerians through the deployment of solar power connections reaffirms Nigeria’s commitment to the global green energy initiative.

The Vice President disclosed this in a statement after the Federal Economic Council meeting on Wednesday.

‘The forthcoming deployment of the 5 million solar power connections, targeting 25 million households across the country under the Economic Sustainability Plan (ESP), reaffirms Nigeria’s commitment to the global green energy initiative.

“A just transition to net-zero emissions where gas as a fossil fuel is still supported, especially for those of us in this part of the world, is absolutely important, especially as it will enable us to phase-out more polluting fuels such as coal and diesel,” he said.

The Vice President added that the International Community should maintain its Gas Project financing in Nigeria and other developing nations as the world moves on to net-zero emission.

What you should know

  • The Minister of Power, Mr Sale Mamman had earlier disclosed that the Federal Government spends over N50 billion in subsidizing electricity supply in the country.
  • The Presidency recently disclosed that an estimated 25 million Nigerians will benefit from FG’s Solar Home Systems which they will be expected to pay about N4,000 monthly over a 3-year period.
  • The FG has also announced that it will commence the process of the installation of 5 million solar-home systems in under-served and off-grid communities across the country.
  • The FG assured Nigerians that the on-going power sector reforms and interventions are designed to boost job creation and its support to drive entrepreneurship among youths will yield desired results in 2021.

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