Nigeria's Rail Costs Inflated 100% By Buhari -- Western Experts Allege - Politics - Nairaland
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| Nigeria's Rail Costs Inflated 100% By Buhari -- Western Experts Allege by Aconomist: 3:00pm On Jan 26, 2021 |
The Federal Government, recently, announced that it signed a Memorandum of Understanding (MoU) with Mota-Engil Group for the construction of the 283.75 Kano-Maradi standard-gauge rail at a contract cost of $1.959 billion. An investigation has shown that the average cost per kilometer (km) of the newly contracted Kano-Maradi rail line exceeds similar projects under the Programme for Infrastructure Development in Africa (PIDA), as estimated by the African Union (AU) by, at least, 100 per cent. https://guardian.ng/news/nigerias-rail-costs-exceed-aus-estimates-by-over-100/
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| Re: Nigeria's Rail Costs Inflated 100% By Buhari -- Western Experts Allege by Nbotee(m): 3:25pm On Jan 26, 2021 |
It's public knowledge for those who have sense na.. I gave up afta a firm who bid for the contract exposed the govt for awarding the contract at an inflated cost despite not being up to the standard what they offered to build for far less.... |
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