₦airaland Forum

The Federal Ministry of Transportation has refuted a story purporting an imminent launch of a Lagos-Abuja High-Speed Bullet Train that will reduce travel time between both cities from 12 hours to just two to three hours.

In a rejoinder issued by the management of the ministry on Thursday in Abuja, it stated that the report widely circulated on online platforms is fake and unfounded.

It stressed that the claim by the Director of Operations of Geofocus Consortium, Yinka Idris, in a statement he issued and made available to journalists was false.

“It is pertinent to note that the proponent of the story, Geofocus Consortium, held a meeting with the Federal Ministry Of Transportation in 2016 to discuss the unsolicited proposal to build a bullet train from Lagos to Abuja under a Public Private Partnership (PPP) model with 100% financing by the proponent.

However, in 2024, the document, an outline Business Case (OBC), was forwarded to the Infrastructure Concession Regulatory Commission (ICRC) in line with their mandate for vetting and due diligence.

“ICRC responded with a request that the company provide a support letter from their financiers, which they are yet to comply with.

“The company is aware that the ICRC has not approved the OBC with particular reference to the proof of funds, which is necessary to proceed with the submission of FBC.

“It should, however, be noted that it is only when these requirements are met that a memo will be sent to the Federal Executive Council (FEC) for approval.

“Hence, the story that the feasibility studies are completed, and proof of funds has been secured is just in the imagination of the company, as it is yet to fulfill the requirements needed,” the rejoinder read.

The management, therefore, requested Geofocus Consortium to apologise to the Ministry and Nigerians at large for carrying out information that is not factual.

It also implored Nigerians to be wary of the fake news and ignore it.

“For quality reportage, the online paper and others that carried the fake story are also advised to seek clarification on issues before going to print to avoid broadcasting fake news.

“The ministry, through the leadership of the Hon. Minister of Transportation, Sen. Said Ahmed Alkali, is working hard to fulfill its mandate in the sector.

“The ministry is also working to achieve President Bola Ahmed Tinubu’s Renewed Hope agenda as it relates to the Transportation sector,” it stated.


The management solicited the cooperation of all stakeholders for the sector to succeed.

Ofemannnu:
Kill joy people.
Something that Nigeria should have gotten long ago.
A PPP platform wants to help.These killjoy people want to frustrate the laudable project that will galvanize the growth of the economy and Nigeria as a whole.
Only God can redeem Nigeria.

CoronaVirusPro:
Nigeria does not need a speed train for now!

Even the USA does not have one and citizens only see it in movies.

EXOUSIAng:
Only government can fund such a project ,just as government funded Dangotes refinery, funded, the ongoing BUA refinery.
It is unfortunate that people like you don't even know that the private sector controls more of the economy than the FG. If your reality you don't know that they are companies out there who can sponsor this.
Hitec was going to sponsor the Lagos-Calabar coastal Road...

And read again, they have the funds ready,they are only waiting for approval

“ICRC responded with a request that the company provide a support letter from their financiers, which they are yet to comply with.

Finesse247:
It is a national embarrassment that in Nigeria, we cannot have speed trains just because we do not want to kill cattle in the process. _ THe Nation 2018. https://thenationonlineng.net/cow-clog/

Omooba77:
https://punchng.com/fg-denies-approving-lagos-abuja-bullet-train-project/

Omooba77:
https://punchng.com/fg-denies-approving-lagos-abuja-bullet-train-project/