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Business News of Wednesday, 11 August 2021

Source: legit.ng

List of cities/towns to benefit as FEC approves $11bn for Lagos-Calabar coastal rail project

President Muhammadu Buhari President Muhammadu Buhari

The Cable reported that the minister of information and culture, Lai Mohammed, announced this while briefing newsmen after the virtual FEC meeting on Wednesday, August 4, at the Presidential Villa, Abuja.

Legit.ng gathers that the rail project is planned to link all coastal cities in the country by rail in six years. Cities/towns the rail project will link

Lagos

Sagamu

Ijebu-Ode

Ore

Benin City

Sapele

Warri

Yenagoa

Port Harcourt

Aba

Uyo

Calabar

Akamkpa

Ikom

Agbo

Ogwashi-ukwu

Asaba

Onitsha

The rail is also expected to connect Onne Deep Sea Port. Mohammed explained that the particular route is very important especially for the nation's coastal economy.

President Muhammadu Buhari's personal assistant on new media, Bashir Ahmad, also shared the development via his verified Facebook page.