A consortium led by General Electric (GE) has been named preferred bidder by the Nigerian government for a concession to rehabilitate, finance and operate Nigerian Railways’ 1067mm-gauge network. The consortium also includes Transnet, SinoHydro, and APM Terminals. The length of the 1067mm-gauge railway network is 3505 km.
The rail network includes the Lagos-Kano-Nguru (Western) and the Port Harcourt-Kaduna Junction (Eastern), with the main spur line from Kafanchan to Maiduguri and associated spur lines in the network. “The Government’s selection of the GE Consortium as preferred bidder is a testament to the excellent collaborative efforts of world-class enterprises leveraging each other’s strengths to produce a solutions-focused proposal,” GE Nigeria president Lazarus Angbazo said.
Concession negotiations will begin and involve a more detailed examination of the consortium’s proposal covering bid value, terms, conditions, scope, assumptions, and timelines, as well as negotiations with the Nigerian government’s defined performance standards.
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