The Ministry of Transport has signed a Memorandum of Understanding with Messrs MPH Rail Development Limited, a United Kingdom company for the impl
The Ministry of Transport has signed a Memorandum of Understanding with Messrs MPH Rail Development Limited, a United Kingdom company for the implementation of the Port Harcourt–Enugu–Calabar–Abuja Standard Gauge Rail Line project under a public-private partnership framework.
Under the MoU, the UK firm will manage the design, construction, commissioning, operation, and eventual transfer of the Port Harcourt–Enugu–Calabar–Abuja Standard Gauge Rail Line.
The ministry stated that the MoU signing followed the approval of the Outline Business Case and the issuance of a compliance certificate by the Infrastructure, Concession, and Regulatory Commission.
This clearance enables Messrs MPH Rail Development Limited to focus on compiling the necessary documentation for Federal Executive Council approval to advance the project.
The MoU signing ceremony between the minister and the management of Messrs MPH Rail Development Limited was attended by the Permanent Secretary of the Ministry of Transportation, Olufemi Oloruntola, along with the Director of Rail Development, Zirra Fimbarr; and the Director of Legal Services, Pius Oteh.
The Minister of Transportation, Senator Said Alkali, assured all of the ministry’s support for the successful implementation of the project.
He emphasized the importance of diligent preparation and submission of all requisite documents to expedite FEC’s approval.
The statement read in part, “As part of the initiative to consolidate the ongoing railway modernisation projects consistent with the Renewed Hope Agenda of Presidential Bola Ahmed Tinubu’s administration, the Minister of Transportation, Senator Said Ahmed Alkali, has executed a Memorandum of Understanding on behalf of the Federal Ministry of Transportation with Messrs MPH Rail Development (UK) Limited to enable the company to carry out the design, construction, commissioning, operation and transfer of the Port Harcourt–Enugu–Calabar–Abuja Standard Gauge Rail Line on Public – Private Partnership basis.”
The ministry said vital documents required for the project’s progression include a comprehensive feasibility study report, a complete Business Case Study, an Environmental and Social Impact Assessment, the development of a Resettlement Action Plan, and the formulation of a Financial Model to facilitate project implementation. This ensures that the project’s transfer to the federal government under a PPP arrangement without incurring loans or debts for the Nigerian government or its agencies.
However there has been outrage over the real owner of the company and wether the company is capable of carrying out the work.
For instance, the company lacks a website and any visible track record of prior work.
Also, the ownership of the company consists of four Nigerians and two foreigners, one of who is a former Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji, raising concerns of a potential repetition of the Process & Industrial Developments Limited fraud. Again, this company has less than £500 in asset.
Because the Memorandum of Understanding stipulates that the UK firm will oversee the entire process of designing, constructing, commissioning, operating, and eventually transferring the Port Harcourt–Enugu–Calabar–Abuja Standard Gauge Rail Line, this arrangement guarantees that the project will be transferred to the federal government under a Public-Private Partnership (PPP) framework, without burdening the Nigerian government or its agencies with loans or debts.
A few Nigerians have urged President Bola Ahmed Tinubu to summon the transport minister promptly to forestall a possible fraudulent scheme.
- CompanyOverviewfor MPH RAIL DEVELOPMENT LTD (12229416)
- Filing historyfor MPH RAIL DEVELOPMENT LTD (12229416)
- Peoplefor MPH RAIL DEVELOPMENT LTD (12229416)
- Morefor MPH RAIL DEVELOPMENT LTD (12229416)
| Date(document was filed at Companies House) | Description(of the document filed at Companies House) | View / Download(PDF file, link opens in new window) |
|---|---|---|
| 16 Mar 2024 | Confirmation statement made on 16 March 2024 with updates | |
| 16 Mar 2024 | Termination of appointment of Adeyemi Sabitun Ikuforiji as a director on 15 March 2024 | |
| 16 Jan 2024 | Appointment of Mr Olubode Sayeed Osinowo as a director on 16 January 2024 | |
| 16 Jan 2024 | Appointment of Mr Mudashiru Oriyomi Gbadamosi as a director on 16 January 2024 | |
| 30 Oct 2023 | Director’s details changed for Mr Dacosta Rotimi Osinowo on 1 August 2023 | |
| 30 Oct 2023 | Director’s details changed for Mr Adeyemi Sabitun Ikuforiji on 1 August 2023 | |
| 30 Oct 2023 | Confirmation statement made on 30 October 2023 with updates | |
| 30 Oct 2023 | Director’s details changed for Mr Dacosta Rotimi Osinowo on 1 August 2023 | |
| 30 Oct 2023 | Director’s details changed for Mr Adeyemi Sabitun Ikuforiji on 1 August 2023 | |
| 30 Oct 2023 | Statement of capital following an allotment of shares on 1 August 2023
|
|
| 30 Oct 2023 | Registered office address changed from 2 Martlesham Walk London NW9 5BF to 104 Stanley Road Hounslow TW3 1YT on 30 October 2023 | |
| 30 Oct 2023 | Appointment of Mr Adeyemi Sabitun Ikuforiji as a director on 1 August 2023 | |
| 30 Oct 2023 | Appointment of Mr Dacosta Rotimi Osinowo as a director on 1 August 2023 | |
| 06 Apr 2023 | Confirmation statement made on 13 February 2023 with no updates | |
| 06 Apr 2023 | Accounts for a dormant company made up to 30 September 2022 | |
| 07 Jun 2022 | Compulsory strike-off action has been discontinued | |
| 05 Jun 2022 | Confirmation statement made on 13 February 2022 with no updates | |
| 05 Jun 2022 | Accounts for a dormant company made up to 30 September 2021 | |
| 13 May 2022 | Registered office address changed from Third Floor, 207 Regent Street London W1B 3HH England to 2 Martlesham Walk London NW9 5BF on 13 May 2022 | |
| 03 May 2022 | First Gazette notice for compulsory strike-off | |
| 08 Aug 2021 | Accounts for a dormant company made up to 30 September 2020 | |
| 16 Feb 2021 | Resolutions
|
|
| 15 Feb 2021 | Confirmation statement made on 13 February 2021 with updates | |
| 13 Feb 2021 | Notification of David Neil Smith as a person with significant control on 12 December 2020 | |
| 13 Feb 2021 | Change of details for Mr Andrew Jason as a person with significant control on 12 December 2020 |
