Politics FG Parleys China EXIM To Finance $1.2Bn Kano-Kaduna Rail Project

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The Federal Government has approved 1.2 billion US dollars for the construction of the Kano-Kaduna standard gauge railway project.‎ ‎

Minister of Transport, Mr Rotimi Amechi, disclosed this in Kano on Saturday when he visited Gov. Abdullahi Ganduje at the Government House, Kano.

He said that the Federal Government was negotiating with China EXIM bank to finance the project.‎ ‎“We are negotiating with China EXIM bank and we are convince that this negotiation will end by June,” he said.

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The minister said that the Federal Government would provide about 100 locomotives for narrow gauge rail that would run through Lagos, Kano, Port Harcourt, Funtua and Gombe to improve the economy.

“Before the end of June Lagos-Kano narrow gauge rail would have more locomotives that would run through Lagos, Port Harcourt, Funtua, Kano and Gombe states in order to boost the economy,” he said.
 
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