BEVERLY HILLS, September 24, (THEWILL) – Nigeria has approved the construction of the Kano-Dutse (Jigawa) – Katsina-Jibia–Maradi (Niger Republic) rail line project at a cost of $1,959,744,723.71.
The approval was given at Wednesday’s meeting of the Federal Executive Council presided over by President Muhammadu Buhari.
THEWILL gathered that the rail line will be linked to a proposed crude oil refinery being jointly developed by the governments of Nigeria and Niger.
The Minister of Transportation, Rotimi Amaechi told State House correspondents at the end of the meeting that the sum approved for the development of the proposed rail line linking Kano-Dutse-Katsina-Jibia and Maradi in the Niger Republic is inclusive of Value Added Tax.
He added that the Council also approved N3 billion for the design, manufacture, supply, testing and commissioning of one railway crane of 150 ton capacity for emergency and recovery of rolling stocks.
“The Council approved two memos for the Ministry of Transportation. The first one is the award of contract for the design, manufacture, supply, testing and commissioning of one railway crane of 150 ton capacity for emergency and recovery of rolling stocks. This is to sort out situations of an accident on the track. It is for a total cost of N3, 049,544,000. That’s the first memo that was approved for the Ministry of Transportation.
“The second one is the award of contract for the development of the proposed Kano- Dutse -Katsina-Jibia to Maradi rail line in the Niger Republic and to Dutse, the capital of Jigawa, for a total cost of $1,959,744,723.71, inclusive of 7.5% VAT”, he said.