Investigations by the Nigerian Tribune have revealed that the N2.6 trillion Lagos-Calabar Coastal road may lead to the abandonment of about N16 trillion railway projects which were incorporated in the 25-year railway roadmap unveiled during the administration of former president, Olusegun Obasanjo, and which will expire next year, 2025.
The projects include the Ibadan-Kano Standard Gauge Railway ($5.3 billion); $11.17 billion Lagos-Calabar coastal railway project; the $3.02 billion rehabilitation project for the Eastern Line (Port Harcourt-Maiduguri) and the $1.9 billion Kano-Maradi Railway project.
Checks by the Nigerian Tribune revealed that approval of the N2.6 trillion…
Source: Nigerian Tribune
