Lagos-Calabar rail project will cost Nigeria $11 billion: Amaechi

Minister of Transportation, Rotimi Amaechi, has said the Lagos-Calabar rail project would cost Nigeria $11.1 billion.

The transport minister mentioned that the federal government was constructing the Kaduna-Kano rail line from the budget while still “negotiating the loan for Ibadan to Kaduna because the plan is Lagos to Kano.”

”So far, the federal government has laid out plans for the construction of Lagos-Calabar at $11.1 billion, Ibadan-kano at $5.3 billion for single track and Port Harcourt-Maiduguri at $3.02 billion for the reconstruction of narrow gauge,”…

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