…Alleges that non approval of $30bn loan by NASS stalls execution Minister of Transportation, Chubuike Rotimi Amaechi, said it will cost Federal Government a sum of $12.8 billion, equivalent of about N9 trillion, to construct standard gauge of rail lines from Port Harcourt to Maiduguri.
The Federal Government has approved $1.2 billion for the construction of the Kano-Kaduna standard gauge railway project. The Minister of Transport, Mr Rotimi Amechi, said in Kano on Saturday when he visited Gov. Abdullahi Ganduje, that the Federal Government was negotiating with China EXIM bank to finance the project. “We are negotiating with […]