Home News FEC approves Port Harcourt-Maiduguri railway expansion, construction of Bonny deep seaport

FEC approves Port Harcourt-Maiduguri railway expansion, construction of Bonny deep seaport

115
0
Photo of the railway ancillary facility yard and the Railway Village in Agbor, Delta State, Nigeria Pre-commissioning. Photo Credit: Tolu Ogunlesi

WED, 07 OCT, 2020-theGBJournal-The Federal Executive Council (FEC) today approved the expansion of the Port Harcourt-Maiduguri railway.

FEC also approved the construction of a deep seaport in Bonny under the Private, Public Partnership (PPP) as well as construction of a railway industrial park in Port Harcourt.

The railway line will cost $3.02 billion. The industrial park which will be built at no cost to the Federal Government will cost $241.1 million while the Bonny deep seaport will cost $461.9 million.

Twitter-@theGBJournal|email: info@govandbusinessjournal.com.ng