Why Ibadan-Kano rail is yet to commence- FG
The federal government would commence the Ibadan to Kano rail project immediately after the Chinese government approves its $5.3 billion loan to Nigeria, the Minister of Transportation, Rotimi Amaechi, has said.
To complete all its planned rail projects, Nigeria has relied largely on loans from the Chinese government.Speaking on NTA Weekend Deal Programme in Abuja, the official said the federal government had already approved the contract. “We are waiting for the Chinese government and bank to approve the $5.3 billion to construct the Ibadan-Kano. What was approved a year ago was the contract.to construct Ibadan-Kano, they assume the money has come in, no.
“Up to now, we have not gotten the money a year after we have applied for the loan. We have almost finished the one of Lagos-Ibadan. If we don’t get the loan now, we can’t commence,” he added. Mr Amaechi also said the Ibadan-Kano rail would link six areas which span Kaduna-Kano-Abuja-Minna-Ilorin-Oshogbo-Ibadan where cargoes could be moved to Kano from Lagos.Reacting on the issue of wet cargoes on the road causing accidents, he said “cargoes can only go from Lagos to Ibadan for now”.