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FG has committed $280 million for $1.2 billion Kaduna-Kano rail – Amaechi

William Ukpe by William Ukpe
July 2, 2021
in Business News
Nigeria concludes plan with Russia to modernize railway infrastructure, FG announces Ibadan–Kano Rail Project would begin First Quarter 2020 
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Minister of Transport, Rotimi Amaechi, has disclosed that the Federal Government has committed the sum of $280 million for the $1.2 billion Kaduna-Kano rail project which is set to begin this month.

Amaechi disclosed this during a meeting with reporters as the project is part of 4 new rail projects which the FG recently commenced, according to Bloomberg.

“So far, the government has committed $280 million to the project and will soon provide a further $100 million,” Amaechi said.

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The Minister added that the line would be partially funded by the FG and China.

What you should know

Recall Nairametrics reported in March, that the Minister said the Federal Government is about to commence 4 new rail line projects in various parts of the country.

“The ones we are about to start include Ibadan to Kano, we are waiting for funds from China. We are about to start Port Harcourt to Maiduguri, we are waiting for the cabinet to approve consulting shares.

“That is why there may be a bit of adjustment in the pricing of Kano-Maradi because we have to adjust it to link up to Kano-Lagos so that it can terminate at Lagos seaport,” he stated.


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Tags: Kaduna-Kano rail
William Ukpe

William Ukpe

For further inquiries about this article contact: Email: william.ukpe@nairametrics.com or outreach@nairametrics.com. Twitter: @_sirwilliam_ @nairametrics.

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Comments 4

  1. Robinson says:
    July 2, 2021 at 3:04 pm

    It is clear that southeast is not part of the rail plan, you have Ibadan to Kano and Lagos to Kano it is not fair at all.

    Reply
  2. Danladi A Isah Jaji says:
    July 2, 2021 at 5:24 pm

    Very good.

    Reply
  3. Akintade olusola says:
    July 6, 2021 at 12:32 am

    Thanks very much sir ,your Excellency God will protect you for us & mummy Sadiya Faruoq put more effort sir.

    Reply
  4. Akintade olusola says:
    July 6, 2021 at 12:35 am

    Very good put more effort

    Reply

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