He presented army recognition awards to Aliko Dangote, Tony Elumelu, Jim Ovia and three others.
Identity verification devices will be used at each train station on the route.
A separate decision by major oil-producing countries to keep cutting how much they produce has also fuelled the rise.
He condemned the unconstitutional political changes in the sub-region.
The project, which is being financed by the Chinese Government through ChinaAid is expected to be delivered in 26 months.
The decision comes two days after the Group of Seven (G7) nations agreed a price cap on Russian oil.
Meanwhile, the APC Presidential Campaign Council denied that Tinubu plans to relocate the Federal Capital Territory from Abuja to Lagos,…
"We shouldn't only look at the Naira and kobo the railway would have been able to make, but include all…
Australia, Britain, Canada, Japan, the US and the 27-nation EU agreed Friday to cap what they would pay for Russian…
The states are Abia, Akwa-Ibom, Bayelsa, Cross River, Delta, Edo, Imo, Ondo and Rivers.