FG approves funds for Kaduna Kano rail | TheCable.ng
The federal government has approved $1.2 billion for the construction of the Kano-Kaduna standard gauge railway project.
Rotimi Amaechi, minister of transport, made this known in Kano on Saturday when he visited Abdullahi Ganduje, governor of the state.
Amaechi disclosed that the federal government was in the process of negotiating with China EXIM bank to finance the project.
The minister said the government would provide about 100 locomotives for narrow gauge rail that would run through Lagos, Kano, Port Harcourt, Funtua and Gombe, in a bid to improve the economy.
“We are negotiating with China EXIM bank and we are convinced that this negotiation will end by June.
“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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