Acting President Yemi Osinbajo is required to touch down in Lagos any minute from now as he is to commence the development of the Lagos-Ibadan rail line.
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| Professor Yemi Osibanjo |
Osinbajo, who introduced Justice Walter Onnoghen as the Chief Justice of Nigeria (CJN) in the morning of Tuesday, March 7, 2017 is relied upon to hail off the development work to be finished by the China Railway Construction Corporation (CRCC).
At present, the Ebute-Metta central command of the Nigerian Railway Corporation (NRC) is an apiary of exercises as dignitaries anticipate the landing of Osinbajo.
Beat individuals from the All Progressives Congress (APC), drove by its national administrator, Chief John Odigie-Oyegun, and in addition governors from states in the south-western piece of Nigeria are as of now at the setting.
The venture is hope to cost N458 billion and traverses 156.65 kilometers.
Days back, reports said the government had made its partner financing for the venture accessible and was anticipating that of the Chinese government which would come toward the finish of February 2017.
The understanding amongst Nigeria and the CCECC for the development of the Lagos-Ibadan and Calabar-Port Harcourt rail lines was marked by Rotimi Amaechi, the vehicle serve, a year ago.
"The agreement was granted by the administration of previous President Goodluck Jonathan for $11.917 billion.
"When we assumed control at the service, we renegotiated with the CCECC and we prevailing with regards to lessening the agreement entirety from $11.917bn to $11.117bn and we can spare $800m after the renegotiation," Amaechi clarified.
According to naij.
According to naij.
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