More
    HomeBusinessCCECC Demand Slashed to $75 Million for Abuja Metro Rail Staff Training,...

    CCECC Demand Slashed to $75 Million for Abuja Metro Rail Staff Training, Says Wike

    Published on

    In a recent development concerning the Abuja metro rail project, Minister of the Federal Capital Territory Administration, Barrister Nyesom Wike, disclosed that the Chinese company in charge, CCECC, initially demanded $129 million for the training of staff essential for managing crucial aspects of the metro line.

    Speaking during a media interaction at his Abuja office, Wike highlighted the exorbitant demand, emphasizing his intervention in negotiating a considerable reduction in the proposed training cost.

    Wike clarified, “CCECC had initially proposed a training program costing $129 million over 29 months, an agreement approved by the Federal Executive Council. However, upon scrutiny, I found it incredulous to allocate such a colossal sum for training. It seemed counterproductive, especially considering the project’s operational requirements.”

    Expressing concern over potential project abandonment due to unreasonable costs, Wike asserted his stance in demanding a significant reduction from CCECC. “I refused to endorse such an exorbitant figure. It was either a compromise or abandoning the project altogether. Eventually, through negotiations, we managed to slash the training budget to $75 million.”

    The Minister reiterated his commitment to ensuring fiscal prudence and efficiency in project execution, underscoring the need for judicious allocation of resources in national infrastructure endeavors.

    Latest articles

    We’re injecting life back to local economy — Tinubu 

      ‎* Commends Wike for implementing urban renewal master plan ‎* Development will touch every district,...

    DOGARA COMMISERATES WITH THE ALL PROGRESSIVES CONGRESS (APC) NATIONAL SECRETARY, SENATOR SURAJUDEEN AJIBOLA BASIRU, OVER MOTHER’S DEMISE.

    Former Speaker of the House of Representatives and Chairman of the Board of the...

    State Police is national consensus, not politics -Senate

      By Ahmed Akanbi The Senate has pushed back on critics of the Constitution of the...

    UK support key to peaceful, tech-driven 2027 polls -Dep Speaker Kalu

      By Ahmed Akanbi Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Okezie Kalu,...

    More like this

    We’re injecting life back to local economy — Tinubu 

      ‎* Commends Wike for implementing urban renewal master plan ‎* Development will touch every district,...

    DOGARA COMMISERATES WITH THE ALL PROGRESSIVES CONGRESS (APC) NATIONAL SECRETARY, SENATOR SURAJUDEEN AJIBOLA BASIRU, OVER MOTHER’S DEMISE.

    Former Speaker of the House of Representatives and Chairman of the Board of the...

    State Police is national consensus, not politics -Senate

      By Ahmed Akanbi The Senate has pushed back on critics of the Constitution of the...