FMoT – Lagos to Calabar Railway Line – Nigeria - Project Profile
"FMoT – Lagos to Calabar Railway Line – Nigeria - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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The Federal Ministry of Transport, Nigeria (FMoT) plans to undertake the Lagos to Calabar railway line project in Nigeria.
The project involves the construction of a 1,402km railway line. It includes the construction of railway platforms, 22 stations including ancillary facilities, administrative space, level crossings; and the installation of safety systems, electrical systems, lighting systems and signaling systems; and the laying of tracks and electricity lines. The project is planned to be developed in two phases.
The first phase will run between Calabar and Port Harcourt; while the second phase will run between Port Harcourt and Lagos via Onitsha.
The entire contract covers Calabar, Uyo, Aba, Port Harcourt, Yenagoa, Otuoke, Ughelli, Warri, Sapele, Benin, Agbor, Asaba, Onitsha, Ore, Ijebu Ode, Sagamu and Lagos.
On July 25, 2014, the project received necessary approvals from Federal Executive Council (FEC).
In September 2014, FMoT signed a memorandum of understanding (MoU) for the construction of a new railway line with Lagos and Calabar governments.
On November 12, 2014, the project received no objection certificate from the Bureau of Public Procurement (BPP).
On November 21, 2014, FMoT signed an agreement to build the Lagos to Calabar railway line with China Railway Construction Corp. Ltd. (CRCC) at the cost of US$11,117 million.
In February 2016, Exim Bank of China agreed to finance a part of the project.
In April 2017, the Government of Nigeria approved the project plans and announced that it is finalizing a binding deal.
In September 2017, CRCC expressed their inability to fund the Lagos-Calabar rail project.
The project is moving slow pace due to delay in obtaining finance. Presently, FMoT is in negotiations with the private investors to secure funding.
The project involves the construction of a 1,402km railway line between Lagos and Calabar in Nigeria.
The US$11,300 million project includes the following:
1. Construction of railway platforms
2. Construction of 22 stations
3. Construction of administrative space
4. Construction of level crossings
5. Laying of tracks and electricity lines
6. Installation of safety systems
7. Installation of electrical systems
8. Installation of lighting systems
9. Installation of signalling systems
10. Construction of related facilitiesReasons To Buy