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    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

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    Ghana’s Kofa Secures $8.1M Pre-Series A Funding to Drive Clean Energy Access Across Urban Africa

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FG To Launch Construction on $1.2bn Kaduna-Kano Rail Tomorrow

by Eucharia Egwuma
July 14, 2021
in National
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FG To Complete $1.6bn Lagos-Ibadan Railway in January 2021
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The Federal Government will on Thursday, July 15, 2021, flag off the construction of the $1.2 billion Kaduna-Kano standard gauge rail line in continuation of its effort to link the country through rail and improve on transport infrastructure.

This is the sequel to the announcement by the Minister of Transportation, Rotimi Amaechi, on June 2, 2021, that President Muhammadu Buhari will perform the groundbreaking ceremony for the rail line within the next 2 weeks.

This disclosure was contained in a statement issued by the Permanent Secretary, Federal Ministry of Transportation, Dr. Magdalene Ajani, Permanent Secretary, Ministry of Transportation, disclosed this in a statement on Tuesday in Abuja.

The statement by Eric Orjiekwe, Director, Press and Public Relations of the ministry said the event would be at Zawaciki Dawaki Local Government Areas, Kano at 10 a.m.

Ajani said that the project is expected to further boost the president’s programme of linking the country through rail in order to enhance the economic growth of the Nation adding that major stakeholders in the transport sector have been invited for the occasion.

The Federal Government had a few weeks ago revealed that the Kaduna-Kano rail line project would now be funded from the transportation ministry’s budgetary allocation as it would not continue to wait endlessly for the Chinese loan.

The Transportation Minister, Rotimi Amaechi, said the Federal Government has already paid $218 million to the contractors, with an additional $100 million expected to be paid to them, making it $318 million.

The project which is a continuation of the already completed Abuja-Kaduna rail line is part of 4 new rail projects which the Federal Government recently announced it was starting as part of its efforts to improve the transport infrastructure across the country.

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Tags: Federal Government of NigeriaKaduna-Kano RailRotimi Amaechi
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