The federal government said it has reversed plans to pay of about N2.8billion it earlier earmarked for the payment of compensation on buildings and offices located along the right of way for the ongoing construction of Standard gauge Railway line from Lagos to Ibadan marked for demolition.
Minister of Transport Rt. Hon. Rotimi Amaechi who made this known yesterday in Lagos during an on the spot assessment of work so far done by China Civil Engineering and Construction Corporation (CCECC) said the N2.8billion would have been used to pay compensation to owners of the building earlier marked for demolition.
According to him when the amount for compensation of owners of buildings erected along the right of way was considered the contractor was asked to look for alternative route.
The Minister also disclosed that part of the Moshood Abiola Trade Fair complex will be demolished adding that a meeting will be held with Governor of Ogun State to work out modalities on how compensation will be paid where necessary.
He called on CCECC to expedite work on the Lagos to Ibadan Standard Guage project and ensure that the December 2018 dateline is met.
Amaechi explained that discussions are underway with the relevant government agencies to ensure that underground pipelines for gas, fuel and water as well as masts are relocated before the creation of the right of way in built up cities like Lagos, Ibadan and Abeokuta.
He also said that the Jibowu and Costain flyovers will be reconstructed before demolition of the existing bridges.
Regarding the plan to concession Nigerian Railway Corporation, he noted that due to inconsistency on the part of General Electric the issue has been left to the Transaction Adviser to handle and advice government appropriately.
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