Home Latest News Buhari Personally Negotiated Lagos-Calabar Rail Project Funding – Osinbajo

Buhari Personally Negotiated Lagos-Calabar Rail Project Funding – Osinbajo

The Acting President, Prof. Yemi Osinbajo, has disclosed that President Muhammadu Buhari personally re-negotiated the funding of the Lagos-Calabar rail project under the China-Exim loan agreement.
Osinbajo, who departed Calabar on Friday after a two-day working visit to the state, had during a town hall meeting with stakeholders on Thursday, said the Federal Government was desirous of assisting the state after ceding of Bakassi to Cameroon.

He also disclosed that the Odukpani-Ikot Ekpene road was captured in the 2017 budget, adding that the Minister of Niger Delta Affairs, Mr. Uguru Usani, was also pressing for the reconstruction of the Calabar-Ogoja Road.
He promised that issues of militancy in the Bakassi region raised by stakeholders during the town hall meeting would be addressed by the Federal Government.

Osinbajo said, “The ceding of Bakassi as a result of the judgment of the International Court of Justice is a development that we all consider a loss. But the President strongly believes that while we ruminate over the legal issues we must not allow Nigerian citizens in Ikang and elsewhere to suffer.

“The Federal Government will certainly do more and engage more with the displaced in Bakassi. This is our duty and our commitment. We will also thoroughly investigate the issues you have raised on the relationship between the military, the militants and the people of Bakassi.

“The Federal Government is certainly interested in Cross Rivers and the President himself re-negotiated the China-Exim loan for the Lagos-Calabar rail.

“In our budget this year, we have provided for the Odukpani/Ikot-Ekpene road and I also know that the Hon. Minister of Niger Delta Affairs, Usani Uguru has been negotiating for the Calabar/Ogoja Road.

“There are other environmental projects that this government is working on, am sure you must have heard of the work we are doing in Adiabo-Okrikang Erosion Control, Eastern Naval Command Erosion Control Project Phase 1, among others,” he said.
Osinbajo stressed that the vision of the Buhari-led administration was to partner with state governments to create industrial, commercial and professional opportunities for the citizens.

He commended Governor Ben Ayade for the vision of opening a garment factory to address immediate job creation.
He said, “The vision of our President for our Nation is one where the Federal Government partners with the states to create industrial, commercial and professional opportunities for all our citizens.

“The business of government is to ensure that we facilitate trade, facilitate commerce, facilitate the professions and that is exactly what we are going to do and what we are doing in the next few months and in the next few years to ensure that we are able to provide all of the opportunities that are necessary.

“And that is why I commend the state government on the garment factory. That factory is an outstanding example of how to provide jobs very quickly to a large number of people and I hope that will be replicated in different states of the federation.”

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