Jonathan’s Abuja Light Rail Project Commissioned by President Buhari

 

President Muhammadu Buhari has commissioned the Abuja light rail system today. The President stated that the development was proof of his administration’s commitment to delivering on its promises. He said; “This morning I formally commissioned the Abuja Light Rail System. The completion of this very important project is a dream come true, and clearly demonstrates our administration’s commitment to the realization of critical infrastructural projects.

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The Abuja Light Rail System is further evidence that we are a government that delivers on its promises. A modern rail service will greatly boost the FCT economy and enhance social life.

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Our commitment to the vision for a modern, integrated rail system for Nigeria is total. The 2nd phase of the Abuja Light Rail will connect more parts of the city, while our standard-gauge National Rail is also taking shape, with the Lagos-Ibadan leg currently under construction.”

 

Goodluck Jonathan’s government had taken a $1.1 billion facility from China Exim Bank in 2012, $500 million of which was earmarked for the Abuja Light Rail project which was at 25 percent completion at the time he left office. The facility was obtained on a 2.5 percent interest over 20 years with a grace period of seven years. SURE-P also provided N20 billion counterpart funding for the project.10

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