HighlightTop Story

FG to complete Eastern railway project, unlock Anambra Basin’s vast oil and gas reserves

355

President Bola Tinubu has pledged to complete the Eastern Rail line, a crucial project connecting Port Harcourt to Maiduguri, and also support the development of the Anambra Basin, a significant energy reserve.

This move is expected to boost economic growth and development in the region.

Notably, the Federal Government has already shown commitment to infrastructure development in the South-east, with 69 ongoing road and bridge projects in the region.

Persecondnews reports that the President made this commitment during an interactive session with South-East leaders in Enugu on Saturday.

The Eastern Rail Line project, initiated by former President Muhammadu Buhari in 2021, aims to reconstruct and expand the existing narrow-gauge railway, passing through eastern capitals, including Umuahia, Owerri, Awka, Enugu, and Abakaliki.

The project, estimated to cost $3.02 billion, is expected to enhance transportation infrastructure and stimulate economic activities along the corridor.

While in Enugu, President Tinubu also pledged to support the development of the Anambra Basin, which is estimated to hold up to 1 billion barrels of oil and 30 billion cubic feet of gas.

The President’s commitment was in response to appeals from former Minister of Power, Prof Chinedu Nebo, and an Enugu State indigene, Chris Ugoh.

Tinubu said: “It is a work in progress. I inherited some of these critical problems and am committed to solving them. On the support of the gas infrastructure. Sure, gas is an alternative to petrol.

“There is no wasting of time than to invest more in it. We will do it together, and I am lucky I have good governors.”

The Nigerian leader also inaugurated several projects executed by the state government, including the GTC Smart Green School, New Haven/Bisalla Road, the International Conference Center, the Command-and-Control Center, and 150 patrol vehicles equipped with surveillance cameras.

The President praised Gov. Peter Mbah’s development model and philosophy, pledging federal government support for Enugu and other states’ development efforts.

Tinubu emphasized the importance of investment in security, stating that it will bring rapid development.

He also commended Mbah for his commitment to human development, saying, “I don’t care which party you come from; you are my friend.”

Leave a comment

Related Articles

Tinubu’s administration pledges to protect journalists, uphold press freedom

MyIn a bold affirmation of its commitment to press freedom, the Tinubu...

Just in: NFF Appoints French-Malian Coach Éric Chelle as Super Eagles Head Coach

The Nigeria Football Federation (NFF) has announced the appointment of Éric Sékou...

Nigeria’s Amina Mohammed, UN Deputy Secretary-General, on two-day official visit to Nigeria

Nigeria’s Amina Mohammed, UN Deputy Secretary-General, on two-day official visit to Nigeria...

FG’s request to resume Kanu’s trial rejected as lawyer insists on Justice Nyako’s recusal

Aloy Ejimakor, lead counsel for Nnamdi Kanu, IPOB leader, has turned down...

Tinubu applauds Ghana’s democratic advancements, pledges Nigeria’s support

President Bola Tinubu has congratulated Ghana on its remarkable democratic progress, praising...

Ghana’s newly inaugurated President, Mahama mistakenly refers to Tinubu as Ghana’s President

Ghana’s newly inaugurated President, John Mahama, made a slip-up during his speech...

China Foreign Minister to visit Nigeria Wednesday

Chinese Foreign Minister Wang Yi is scheduled to arrive in Abuja on...

Naira hits new low, slumps to N1,665/$1 in parallel market despite official market gains

The Nigerian Naira on Monday depreciated to N1,665 per dollar in the...

Retired military personnel stage protest, shut down Finance Ministry operations in Abuja

Retired military personnel took a bold stand on Tuesday, blocking the entrance...

US Congress Certifies Trump’s 2024 Presidential Election Victory, Paves Way to White House

The United States Congress has officially certified Donald Trump’s victory in the...

Tragic explosion at FCT suburb school claims two lives, injures others

A suspected bomb explosion occurred at Tsangagyar Sani Uthman Islamiyya School in...

Massive purge at EFCC: 27 corrupt officers relieved of their duties

The Economic and Financial Crimes Commission (EFCC) has taken a bold step...

Just in: Justin Trudeau to step down as Canadian Prime Minister

Canadian Prime Minister Justin Trudeau has announced plans to step down as...

Resit opportunity for candidates: WAEC unveils new policy

The West African Examinations Council (WAEC) has introduced a game-changing initiative that...

Port Harcourt, Warri refineries’ resuscitation: Human right lawyer, activist, Deji Adeyanju, lauds Pres. Tinubu

Human right lawyer and activist, Mr. Deji Adeyanju, has written a letter...

Woman accused of threatening Seyi Tinubu, IGP, gets N10m bail

Justice Emeka Nwite of the Federal High Court in Abuja has granted...

Governors snubbed us: Tax committee chairman refutes lack of consultation claim

The Chairman of the Presidential Advisory Committee on Fiscal Policy and Tax...

We must end decade-long security challenges in Nigeria in 2025 – Gen. Musa

After more than a decade of battling banditry, terrorism, and other security...

Tinubu departs Lagos for Ghana’s President-elect John Mahama’s inauguration Jan. 7

President Bola Tinubu is set to depart Lagos on Monday, for Accra,...

Exclusive: From Tears to Triumph: Super Falcons Star Chidinma Okeke’s Inspiring Rise to Global Football Stardom

Super Falcons’ Chidinma Okeke has opened up about her turbulent path to...