PRESS RELEASE: RIVERS APC ENDORSES NIGER DELTA PEACE INITIATIVE

*Congratulates Amaechi, other stakeholders

*Urges those sponsoring bombings in the region to have a rethink

The Rivers State Chapter of the All Progressives Congress (APC) has endorsed the Niger Delta Peace Initiative recently launched by South-South leaders under the leadership of the Minister of Transportation, Rt. Hon. Chibuike Rotimi Amaechi. The party in a statement issued on Monday in Port Harcourt by the State Chairman, Chief (Dr.) Ibiamu Ikanya, praised Amaechi for assembling South-South stakeholders under the umbrella of the Initiative for Peace, Governance and Development of the South-South to proffer solutions to the current destruction of the oil pipelines and ecosystem of the region.

Lagos-Calabar Coastal Railway project: FG SIGNS CONTRACT AGREEMENT WITH CHINA

Civil Engineering Construction Corporation (CCECC) on the construction of the Lagos-Calabar Coastal Railway Project.

The Federal Government has signed a contract agreement with the China Civil Engineering Construction Corporation (CCECC) on the construction of the Lagos-Calabar Coastal Railway project.

The Minister of Transportation, Rt. Hon. Chibuike Rotimi Amaechi who signed on behalf of the Federal Government of Nigeria, said the contract is an addendum to the Lagos-Calabar Coastal Railway project which was initially awarded by the former President Goodluck Jonathan’s Administration to CCECC at a contract sum of $11.917 billion disclosing that at the inception of President Muhammadu Buhari Administration, the Federal Government renegotiated the contract with the Management of CCECC and agreed at a contract sum of $11.117 billion thereby saving a whooping sum of $800million.

Amaechi reiterated that the Federal Government has completed the signing of the same contract with a different contract sum in order to legalize the new deal. “What we have done today is signing same contract but different contract sum to make it legal”, he said.