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Nairaland Forum / Nairaland / General / Travel / CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada (28712 Views)
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CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by Blue3k2: 4:27pm On May 31, 2019 |
The China Railways Construction Corporation (CRCC) has agreed to construct a 560km standard gauge railway line in Ghana at $2 billion, the same contract price as the 156km railway line between Lagos and Ibadan. Source: https://www.thecable.ng/crcc-560km-railway-line-ghana-2bn-156km-lagos-ibadan-rail-line/amp 6 Likes 8 Shares |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by Glorymax: 4:43pm On May 31, 2019 |
We are being scammed everyday in this country, and that's why we will keep moving in circles without making any progress. These foreign business partners knows the character of Nigeria systems, so they collaborates with insiders and deal with us as they like, to their advantage and the Nigeria partners selfishness. Even if the Ghana rail construction is not the same as Nigeria's, it has always been so for project executions in Nigeria compared to other nations 201 Likes 17 Shares |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by obailala(m): 4:46pm On May 31, 2019 |
Why always us?! 18 Likes 3 Shares |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by Blue3k2: 4:50pm On May 31, 2019 |
If the information is correct Nigeria got a bad deal. The whole railline is supposed to go from Lagos-kano-Maradi which is another billion. Lol those Ghanaians must be smooth opperators. 32 Likes 2 Shares |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by Agbaletu: 4:50pm On May 31, 2019 |
Yeeparipa! The report did not state if Ghana's Rail is also standard guage just like Ibadan-Lagos rail line or it is single. We also need to compare the number of choaces. Oops! It is standard gauge! Hmmm...Nigeria is my country! 61 Likes 5 Shares |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by psucc(m): 5:04pm On May 31, 2019 |
Nigeria has its peculiarities! The pockets of the signatories are bottomless pits. 68 Likes 1 Share |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by Casptainspecial: 5:13pm On May 31, 2019 |
They scammed NIGERIA or NIGERIANA scammed Nigeria All ministers involv In the project must make billions out of it and there is no law to checkmate the payment transactions Revolution or restructuring is the only solution to NIGERIA problem 24 Likes 2 Shares |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by docadams: 5:34pm On May 31, 2019 |
https://www.thecable.ng › crcc-5... Web results GERC to construct 340km railway line in Ghana at $2bn — cost of 156km Lagos ... OP research your post very well. One source, different headlines already. 15 Likes 1 Share |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by Shikini: 6:01pm On May 31, 2019 |
When you see Amaechi gets so passionate in these projects, my dear, it's not for nothing. Huge bribes and kickbacks in millions of dollars are involved Meanwhile, they claim they are fighting corruption. 157 Likes 17 Shares |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by aremuforlife(m): 6:04pm On May 31, 2019 |
21 NOVEMBER 2018 Daily Trust (Abuja) Nigeria: $1.5bn Lagos-Ibadan Fast Rail - Cabinet Gets Cost Overrun Request From Amaechi Tagged: BusinessNigeriaTransportWest Africa Tweet Share Photo: Premium Times Nigerian railway. By Abdullateef Aliyu Lagos — As construction work on the 156km Lagos-Ibadan standard gauge rail progresses, Minister of Transportation Rotimi Amaechi is expected to present a request to the Federal Executive Council (FEC) for cost overrun, Daily Trust can report. The project was awarded at the cost of $1.5bn to China Civil Engineering and Construction Company (CCECC) but there are indications that government would overshoot the budget following variations not included in the original contract details. Sources told Daily Trust at the weekend that the variations were being finalized by the technical team and various committees to be presented to the minister for onward presentation to President Muhammadu Buhari. Daily Trust had reported in December last year, when the project had barely progressed, that a cost overrun was inevitable going by submissions of stakeholders in the project. Apart from the cost of relocating some facilities, especially the Nigerian Army 81 Ordinance Corps in Yaba which is estimated at over N5 billion, there is also the relocation of oil and gas pipelines within the Lagos axis. Also, the commitment of government to connect the rail line to the country's premier port in Apapa comes at a huge cost going by recent presentations made to the minister by the contractor and technical consultant. Also, the Apapa Port rail sidings initially estimated at 2.4km in the project are now to extend to 6.4km for seamless connection of the standard gauge to all port terminals. All these items are being fine-tuned for presentation to the FEC after going through the Bureau of Public Enterprises (BPE) for requisite clearance, a source said yesterday. The request may get to the president latest by the end of December, it was learnt. Amaechi last week led the Project Steering Committee and the CCECC officials to Apapa Port to assess the level of work to be carried out there. After the inspection visit which had the Managing Director of the Nigerian Railway Corporation (NRC), Engr. Fidet Okhiria and his counterpart in the Nigerian Port Authority (NPA), Hadiza Bala Usman, in attendance, it was discovered that some warehouses owned by terminal operators would be partly demolished to ease the rail connectivity. The terminals to be mostly affected are the APMT and Eni Consortium terminals. "Most of these things were not envisaged in the original project but this is not strange in a project of this magnitude and the government is determined to execute things that would stand the test of time," the source, who pleaded anonymity because he was not authorized to talk to the press, said. Amaechi had in reaction to the cost overrun said, "What is best is what we will do. We will go back to Mr President for us to get approval so as to get something that will outlast us." Also speaking, the NPA MD explained that there are areas government would take over from terminal operators "for overriding public interest." However, she assured that necessary compensation would be paid to operators whose structures would go completely or partially. Usman reiterated that the necessary rehabilitation would be carried out at the key sides where ships usually berthed to increase their weight and capacity to accommodate the standard gauge rail. She said, "All these aspects need to be computed and the number to be presented to the Hon. Minister and in turn he would make the necessary request for approval to the Federal Government." Read the original article on Daily Trust. 29 Likes 7 Shares |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by helinues: 6:06pm On May 31, 2019 |
Lol. Who caused Nigeria? |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by Nobody: 6:06pm On May 31, 2019 |
Looking at this article.... It says that crcc is building the railway for 2 billion And that Sinochem, another company, will be providing 3 billion for railway construction projects. So the total cost is 5 bn for 560km of railway lines. Someone misinterpreted a newsreport Modified I am afraid I am going to have to say that the article the OP published is a classic example of FAKE NEWS. Here is another article from a Ghana source.
So the $2.2 BILLION is for the Eastern Railway Line , which covers only Accra to Kumasi....which is apprently And the contractor is different. Again, someone is lying, MODIFIED: MORE INFORMATION
SAUCE 62 Likes 7 Shares |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by bayooz(m): 6:49pm On May 31, 2019 |
As true as it is, we need to be cognisant of the fact that corruption and dollar exchange rate are not the same for the two countries. 11 Likes 2 Shares |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by Okoroawusa: 8:55pm On May 31, 2019 |
tactius n aremuforlife have said all I wanted to say |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by mrvitalis(m): 7:52am On Jun 01, 2019 |
In a serious country ameachi n buhari should have resigned and apologized to nigerians 10 Likes |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by Realdeals(m): 7:53am On Jun 01, 2019 |
Uptill now CRCC are still paying compensation for those whose property will be destroyed for the Lagos/Ibadan railway project and maybe they won't spend so much to buy diesel in powering their project camp like they are doing in Nigeria. Some of these variables are not constant, beside GEJ administration negotiate the contract and made part payment. 14 Likes |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by Pidginwhisper: 7:53am On Jun 01, 2019 |
Casptainspecial:You signature though. HIV/AID cure from South Africa. It's like saying Nigeria as the Poverty capital of the world is giving loan to China and US. ![]() [img]http://2.bp..com/-p9whylrqliM/Ud3R74x6NnI/AAAAAAAAN0A/nhChnQ6LnCw/s1600/adam-levine.gif[/img] 4 Likes |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by Heffe: 7:53am On Jun 01, 2019 |
Next level |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by EmekaBlue(m): 7:53am On Jun 01, 2019 |
Men don hammer from d project for sure 2 Likes |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by Sixaxis: 7:53am On Jun 01, 2019 |
Well, scam is scamming the scam nowadays... ![]() |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by GOFRONT(m): 7:54am On Jun 01, 2019 |
NwaAmaikpe come and open cans of worm!!! All this things wen dey happen, na we dey suffer the pain... |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by careytommy37(m): 7:54am On Jun 01, 2019 |
Continuation 1 Like 2 Shares
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Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by oz4real83(m): 7:54am On Jun 01, 2019 |
For the people always praising saraki,dogara,Dino melaye,Murray Bruce and others for always "fighting" buhari, what did they do as a parliament,to stop this broad daylight robbery? Politicians whether PDP or APC,always unite when it comes to stealing from public purse. 6 Likes |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by Nobody: 7:54am On Jun 01, 2019 |
Here is the pertinent point from the article... The China Railways Construction Corporation (CRCC) has agreed to construct a 560km standard gauge railway line in Ghana at $2 billion, the same contract price as the 156km railway line between Lagos and Ibadan. So, the upshot is... 1.Initial cost 2 billion 2.Additional cost : 3 billion from the oil company. The article is a bit confusing. Either the journalist has an agenda, or we missed the bit where the additional 3 billion was written in the article. 11 Likes 4 Shares |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by diportivo: 7:54am On Jun 01, 2019 |
sensational topic masturbation galore ![]() those that don't know Jack about construction are having a boner ![]() 6 Likes 2 Shares |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by Nobody: 7:54am On Jun 01, 2019 |
Don’t forget that the same Chinese who manufacture super iPhones are the ones who manufactire chinco phones. In China, you can find the same product for two different prices. One is high quality, the other is low quality, yet from the same manufacturer. So I won’t be quick to judge here, let posterity be the judge. I rest my case. 8 Likes 2 Shares |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by prodigyhenry: 7:55am On Jun 01, 2019 |
Though we know that the Nigerian price was inflated but the truth is that in construction different things affect prices eg terrain, environment, weather, the company used, the government policies etc. That's why construction prices are difficult to argue with. I can for example build a 2 bedroom flat for 5m and also build the same design for 15m. Depends on materials etc. But nevertheless the price of lagos-ibadan was inflated 2 Likes |
Re: CRCC to construct 560km railway line in Ghana at $2bn, cost of 156km Lagos-Ibada by semyman: 7:55am On Jun 01, 2019 |
Without these pastors our problems will be half solved 2 Likes 1 Share
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