HighlightTrending Story

Abuja light rail to be completed May 2024 – VP Shettima

335

The Managing Director of China Civil Engineering Construction Corporation Ltd (CCECC), David Waig, has assured the Federal Government that the Abuja light rail project will be completed in eight months.

The Senior Special Assistant to the Vice-President on Media and Communications, Stanley Nkwocha, said in a statement obtained by Persecondnews in Abuja that Waig gave the promise to Vice-President Kashim Shettima during a visit.

Shettima, who recalled that the company had been in the country for nearly 42 years, commended it for its steadfastness in supporting Nigeria and other countries without “interfering in local politics.

“You have been in this country for 42 years. We have to commend you for all the beautiful initiatives and support over the years.

“We share a lot in common with the people of China, just as you have been with us through thick and thin.

“You have the financial firepower and the willingness to support Nigeria and other African countries without interfering in our local politics. This we appreciate a lot,” Shettima said.

Earlier, Waig, reiterated the company’s commitment towards delivering the project within the stipulated period, saying CCECC would go above board and leave no stone unturned in ensuring the delivery of the Abuja light rail line come May 2024

The rail line which was intended to be the first of a half-dozen in a 290-kilometre network that would connect the city to the satellite towns where many workers live.

Meanwhile, the Federal Government says it spends $50 million yearly paying down the project’s $500 million in loans from the Export-Import Bank of China.

The project which was intended to be the first of its kind in West Africa, is now a debt burden to taxpayers.

Leave a comment

Related Articles

Tinubu approves N3.3trn to defray power sector debts

Determined to end incessant power outages in the country, President Bola Tinubu...

West Africa must unite to defeat terrorism, human trafficking, says Tinubu

President Bola Tinubu on Thursday received President Bassirou Diomaye Faye of Senegal...

Breaking: Emirates Airlines to resume operations in Nigeria Oct. 1

Emirates Airlines says it plans to resume operations in Nigeria on October...

FG raked in N318.5bn revenue in Q1 of 2024 – Accountant-General

The Federal Government recorded a total revenue inflow of N318.5 billion in...

Senate approves Tinubu’s request of $500m loan for BPE

The Senate has approved President Bola Tinubu’s $500 million loan request to...

Execute only those who steal N1 trillion and above – Sen. Ndume

The Chief Whip of the Senate, Sen. Ali Ndume, has said that...

Amid probe threat: Five commissioners quit Rivers government

Following a threat by Gov. Siminalayi Fubara to probe the administration of...

International Day of Families: “Embracing Diversity, Strengthening Families”

The United Nations (UN) continues to assert that the family constitutes the...

Workout Essentials: What Exercises should you do to tone some parts of your body?

I do know for sure that most of us have a desire...

Printing of N684m new naira notes charge: Court slams fresh N300m bail on Emefiele

An Abuja Federal High Court granted a fresh N300 million bail to...

Again, Emefiele arraigned, faces fresh charge of spending N18.96bln to print N684.5m new naira notes

A former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele,...

Horny secondary school teacher rapes primary school pupil, jailed for life

For raping a seven-year-old primary school pupil, Ojo Ezekiel, a 47-year-old secondary...

Cut down profligacy, wastages to fund free education, varsity dons urge FG

In spite of the economic problems and the huge debt burden that...

Nigerian, Abodunde, who killed wife with skateboard in London bags life sentence

Nigerian Olubunmi Abodunde, who killed his wife,Taiwo with a skateboard and attributed...

Just in: Investors, tourists to get visas within 48 hours — FG

President Bola Tinubu has approved the establishment of a tripartite committee to...

The Power of Self-Love: Why You Matter

Hey there! Let’s talk about something really important: SELF-LOVE. In a world...

FEC Meeting Day 2: Pres. Tinubu presides, with VP Shettima in attendance, crucial decisions likely

The concluding phase of the Federal Executive Council (FEC) meeting, which began...

EFCC files fresh charges against Godwin Emefiele for printing Naira without NASS approval

The Economic and Financial Crimes Commission (EFCC) has filed a new four-count...

FG plans performance-based salary scheme for its workforce

A new performance-related pay system for employees in the federal civil service...

Young man with bomb strapped to his body busted at Plateau bank

A young man with a belt-packed Person-Borne Improvised Explosive Device (SPBIED) has...