It was reported in an earlier thread how Ghana's 340km proposed MoU rail line had an equivalent funds project as our 156km own from Lagos to IBADAN...

https://www.nairaland.com/5218656/crcc-construct-560km-railway-line#78896949

Joe Ghartey, Ghana’s minister of railways development, says he has cancelled the MoU with the China Railway Construction Corporation Corporation (International) Nigeria Limited (CRCC-Nigeria) “for breach of confidentiality”.

Ghana had entered into CRCC- Nigeria for the construction and rehabilitation of a 560-kilometre standard gauge railway line.

However, after a report in TheCable comparing railway contract costs in Ghana with Nigeria’s, the minister came under pressure to do “damage control”.

In a statement sent to TheCable on Monday, Ghartey acknowledged that the ministry signed an MoU with CRCC-Nigeria.

TheCable had reported that CRCC offered to rehabilitate and construct a 560-kilometre standard gauge railway line for Ghana at $2 billion, with terminals at Aflao and Elubo.

“Messrs CRCC-Nigeria expressed interest in supporting the Ministry to develop and modernise Ghana’s railway network, particularly the Trans-ECOWAS line, which runs along the coast between Aflao, on the border with Togo, and Elubo, on the border with Cote d’Ivoire,” the statement read.

“The purpose of the MoU is for CRCC-Nigeria to undertake feasibility studies through the use of independent consultants.

“CRCC-Nigeria is responsible for verifying the project cost as estimated by the feasibility studies and also raise capital to finance the project.”

However, the minister said his ministry was yet to respond to a proposal by CRCC-Nigeria to establish assembly plants for building locomotive coaches and wagons.

The ministry was, however, silent on the 340-kilometre Eastern line project that is estimated to cost $2.2 billion which will link Accra, Tema and Kumasi,

In March, Rotimi Amaechi, Nigeria’s former minister of transportation, had told reporters that the $1.5 billion allocated for the 146-kilometer Lagos-Ibadan project has been altered due to additional construction work on the project but refused to disclose the new sum.

TheCable understands that the new cost is $2 billion — which is exactly the amount CRCC-Nigeria is offering to construct and rehabilitate the 560-kilometre standard gauge railway line in Ghana.


https://www.thecable.ng/yet-conclude-2bn-rail-proposal-ghanaian-minister

What happened?

Did Nigeria and The Cable act a "sabo"?

Blue3k2, obailala, .what really happened?

Our own is standard gauge while their own is light-rail. i don't know why you're making it sound like i inflated contracts

Buhari's body language

Haaaa Ghana no won gree oop,

Please reconsider for the sake of development in that country, it is needed by the people.

the kwancykwancy we be high..

Nigeria and their badluck.

Just see how we carried our sand-sand put for their garri

Is he mad ? Nothing done wrong here .

Not news. Walks out quietly and shut the fvcking door slowly.

F

....

I do not even understand the story and the brouhaha

Grammar...
Meanwhile what is Ghana trying to prove? Fvck the MOU na their problem be that for Ghana

So exposing the cost of a major project is a problem.
That should be the norm. Atleast in Nigeria, it is.

It seems some of these African countries are far more corrupt than the Nigerian government.

But then when you remember the cost of the two projects, Ghana got a better deal.

See below!

What happened biko

Ghana didn't cancelled any project....... Stop lying....

Children of hate looking for what to hate on this thread but they haven't yet understood it.

simonlee:
Our own is standard gauge while their own is light-rail. i don't know why you're making it sound like i inflated contracts

Take time to read before commenting
Tanzania just finished over 380km under $1.5b and you know what they founded it
Stop playing senseless politics.
I believe Ghana didn't cancel any contract, it's the usual media lies to hide Nigeria officials and
the obvious fraud that's laden with LAG-IBA rail project

If na naija no level. Our officials no dey feel pressure

I hope CCRC pays tax to the Nigerian government.

I don’t know if Nigeria is cursed or not!!! Gaskia I don’t know

[quote author=TSRC post=79010306]So exposing the cost of a major project is a problem.
That should be the norm. Atleast in Nigeria, it is.

It seems some of these African countries are far more corrupt than the Nigerian government.

SoNature:


I am wondering how Ghana plans to repay $2b.

They must be thinking that Chinese loans are Paris Club loans, so that you can turn around and plead for cancellation tomorrow.

Ghana should be able to afford 2 billion dollars na.
Even if it is a loan that they pay back gradually.

Even Lagos can afford 2 billion dollars project easily.

Ghana is way far ahead of us in everything except corruption and all the bad things including misappropriation. the only thing cancelled in Nigeria is our vote. mchtewwww

simonlee:
Our own is standard gauge while their own is light-rail. i don't know why you're making it sound like i inflated contracts

A 530km light rail? Have smoked anything

By the way, its standard gauge