The Federal Executive Council (FEC) has approved $2,810,574,064.92 for the Ibadan-Kano and Port Harcourt-Maiduguri rail lines construction.
The Ministry of Transportation is to procure rolling stocks and other operational and maintenance equipment for the railways.
FEC also approved N4,965,986,573.89 for a printing contract for the National Examination Council (NECO) presented by the Ministry of Education.
Addressing State House Correspondents after the week’s virtual meeting presided over by Vice-President Yemi Osinbajo (SAN), Transportation Minister Chibuike Amaechi said the contract was necessary for the smooth running of the rail lines.
He explained that rolling stocks are consumables for the maintenance and operation of the railway.
“So, with this, we will replace all the rolling stocks. They are essentially the consumables we use to maintain the trains, coaches and locomotives,” Amaechi said.
Education Minister Adamu Adamu said the Council approved a contract that would enable NECO print materials that are to be used for Senior School Certificate Examination (SSCE) at the cost of N4,965,986,573.89.
The contract, which is for the printing of sensitive, non-sensitive equipment and other ancillary equipment for the examination, is to be completed in eight weeks.
