Connect with us

Hi, what are you looking for?


TRANSPORTATION: Six rail projects to gulp N59 billion as counterpart funding in 2022 budget

The federal government says a sum of N59 billion is to be paid as counterpart funding for six rail projects in 2022.


The federal government says a sum of N59 billion is to be paid as counterpart funding for six rail projects in 2022.

This is contained in the annex of the 2022 budget signed into an appropriation act by president Muhammadu Buhari on December 31 in Abuja.

According to the budget document, the ministry of transportation under the watch of Mr Rotimi Ameachi who is the minister of transportation is to oversee the six rail projects including new and ongoing in some regions of the country.

The projects include the ongoing Lagos – Kano; Calabar – Lagos; Ajaokuta 0 Itakepe-Aladja Warri rail projects.

Kano – Maradi rail project: Credit: The Fact Nigeria

The ones include Port Harcourt – Maiduguri; Kano – Katsina – Jibiya – Maradi in the Niger Republic; and Abuja – Itakpe and Aladja (Warri) – Warri Port and Refinery/Warri New habour respectively.

Though, the president expressed worries about the changes made to the budget draft by the national assembly which he said the executive will address by presenting a budget amendment bill to resolve the issue.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *


Like Our Facebook Page

You May Also Like


Ademola Adegoroye, Minister of State for Transportation, says the Federal Government has not abandoned the reconstruction of the Akure-Ado Ekiti road.


Pelumi Olajengbesi, a public interest lawyer says the Economic Financial Crimes Commission (EFCC) should investigate ministers serving in the Buhari-led government that has purchased...


The federal government is to commence the construction of a second runway at the Nnamdi Azikwe International Airport in Abuja in 2022.


Nyesom Wike, governor of Rivers State, has described as worrisome how President Muhammadu Buhari signed the 2022 budget after he has described it as...


Minister of Finance, Budget, and Planning, Ms Zainab Ahmed, says the federal government will review the number of its agencies to save costs and...


President Muhammadu Buhari says he has reservations about many of the changes that the National Assembly has made to the 2022 Executive Budget proposal.