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Okechukwu Nnodim, Abuja
The Federal Government is to partly fund six rail projects connecting virtually all regions of the country with a counterpart funding of N71.15bn this year.
Also, N15.1bn will be spent on the development of safety and security critical projects, airport certification, runway construction, terminal building, among others in the aviation sector in 2021.
A report on selected projects in the 2021 budget obtained by our correspondent from the Federal Ministry of Finance, Budget and National Planning in Abuja showed that in the rail sector, the government had mapped out six projects that it would partly fund this year.
The Federal Government is to pay the sum of N71.15 billion as counterpart funding for six rail projects that will connect all regions of the country in 2021.
This was contained in a report on selected projects in the 2021 budget of the Federal Ministry of Finance, Budget and National Planning which showed that the government has mapped out six key projects in the rail sector which it would partly fund this year.
The railway projects captured in the ministry’s report include the Lagos-Kano rail line, Calabar-Lagos rail line, Ajaokuta-Itakpe-Aladja rail line, Port Harcourt-Maiduguri railway, the new Kano-Katsina-Jibiya-Maradi line, the Abuja-Itakpe line and the Aladja-Warri Port and refinery/Warri new harbour.