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FEC Approves $3.02bn For Reconstruction Of Port Harcourt – Maiduguri Railway
The Federal Executive Council (FEC) has approved the award of contracts for the rehabilitation and reconstruction of the Port Harcourt-Maiduguri eastern narrow-gauge railway, with new branch lines and trans-shipment facilities.
The Minister of Transportation, Mr. Rotimi Amaechi, made this known when he briefed State House correspondents on the outcome of the 18th virtual meeting of the Federal Executive Council.
The meeting was presided over by President Muhammadu Buhari at the Council Chamber of the Presidential Villa, Abuja, on Wednesday.
The Minister also revealed that the Council approved the construction of a new deep seaport in Bonny, under the Private-Public- Partnership (PPP) programme and the construction of a railway Industrial park in Port Harcourt.
“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 the federal government, will cost $241,154,389.31.
“The Bonny deep seaport will cost $461,924,369, at no cost to the federal government.
“The Port Harcourt to Maiduguri narrow gauge railway will have new branch lines: from Port Harcourt to Bonny and from Port Harcourt to Owerri are new lines.
“There is another connecting to narrow gauge to standard gauge at Kafanchan.
“There is a branch line from Gombe or before Maiduguri to Damaturu and Gashua. That’s what has been approved,’’ he said.
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CSO Salutes Trump
A Civil Society Organization (CSO) under the aegis of Initiative for Leadership Development and Change (ILDC) has congratulated President Donald Trump as the 47th President of the United States of America.
Chief Ugochukwu Nnam, President of the CSO said this in an interview with the Newsmen in Abuja on Monday.
He expressed optimism over improvement on not just American economy but global economy with the inauguration of Trump.
“This is a man with greater vision of making environment around him great.
“In less than few hours of his inauguration, TikTok is back into existence, this shows how he is going to revive the world economy,” he said.
The ILDC boss who reiterated his confidence in Trump’s Presidency, described him as a man of clues and ideas to drive a stable America and the world at large.
He lauded Trump’s collaboration with global entrepreneurs like Elon Musk in an effort to revitalize America’s economy.
According to him, men and women of ideas flock together, they work together for better society and this is what Trump is doing.
Recall that Donald Trump became the 47th President of the U.S by polling 312 electoral votes Vice President Kamala Harris’ 226 votes in Nov, 2024.
Following the oath of office, Trump will address the nation before he is expected to parade across town to the White House and attend three inaugural balls in the evening
About 200,000 supporters are expected to visit the city to mark the presidential transfer of power.
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