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FG Seeks China Funding For Ibadan-Abuja, Kaduna-Kano Rail Projects - Politics - Nairaland 4s215p

FG Seeks China Funding For Ibadan-Abuja, Kaduna-Kano Rail Projects (8961 Views)

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Karemarealty288(m): 5:57am On Jul 09, 2024



The minister also hinted that the ministry was working with security agencies to deploy surveillance and ensure that rail infrastructures are not vandalised.

The Nigerian government is planning to seek funding assistance from the Chinese government for the construction of the Ibadan-Abuja and Kaduna-Kano rail projects.

The Minister of Transportation, Senator Said Alkali made this known on Monday during an inspection of the Kaduna-Kano rail projects by the National Assembly t committee on land transport.

He explained that Vice President Kashim Shettima was expected to engage with Chinese President Xi Jinping to secure funds for the rail projects, following directives from President Bola Tinubu.

Alkali asserted that the funding issues had stalled progress, stressing that the Federal Government had secured funds for the Kano-Kaduna segment.

The minister also hinted that the ministry was working with security agencies to deploy surveillance and ensure that rail infrastructures are not vandalised.

He said, “The President is desirous in ensuring that these projects are completed and being put into use because transportation is an enabler of economic growth and a gateway to the nation’s economy. It is, of course, one of the eight priority areas of the present istration.

“The president has directed the Vice president to engage President Xi in a bilateral discussion on the financing of Ibadan-Abuja and Kaduna-Kano rail projects. So far, Kaduna-Kano has been released. We are just trying to cascade the final stage for the drawdown of the loan so that they will have the financing. That of Ibadan to Abuja is also under very serious engagement with the Chinese government.


“The Ministry and the Nigerian Railway Corporation are working hard to ensure that these vandals do not destroy our properties. We are deploying so many major surveillances in conjunction with the security agencies to ensure that these properties are not allowed to be vandalised.”

https://saharareporters.com/2024/07/08/nigerian-government-seeks-china-funding-ibadan-abuja-kaduna-kano-rail-projects#google_vignette

6 Likes 2 Shares

Remman(m): 7:07am On Jul 09, 2024
Tinubu is now taking the path of Buhari by borrowing from China. I hope the loan is not also tied to crude oil wey we never fit refine.

33 Likes

Yankee101: 7:08am On Jul 09, 2024
How many times?

24 Likes

Peakdesign23(f): 7:08am On Jul 09, 2024
Another huge debt

17 Likes 1 Share

obinna58(m): 7:09am On Jul 09, 2024
Our government keeps disgracing us, It’s either we’re begging or asking for loans
The most funny part is also begging them to forgive your loans

28 Likes

kennyz247(m): 7:09am On Jul 09, 2024
Everything about tinubu government na loan and borrow..

28 Likes 1 Share

crossfm: 7:09am On Jul 09, 2024
Hehehe.

The only thing they know how to do is to borrow.

The most annoying thing is that the money borrowed will be looted by APC angry grin.

19 Likes 2 Shares

ATEAMS: 7:09am On Jul 09, 2024
WOW ..


Lazy leaders

Lazy workers

2 Likes

hisexcellency34: 7:11am On Jul 09, 2024
All these helps and loans....China will soon seize Nigeria beginning with Tinubu and Shettima

11 Likes

Lovenorth: 7:11am On Jul 09, 2024
There was a country

3 Likes

Forkthiefnubu: 7:11am On Jul 09, 2024
Never heard of any project in the east , we want out so that we can develop our land , I hope the international community is aware of all the anti Igbo acts in Nigeria going to a century , it is a genocide pure and out

27 Likes 2 Shares

UnitedKingdom: 7:12am On Jul 09, 2024
Na statistics we go chop?
Kaybaba5(m): 7:13am On Jul 09, 2024
Borrow borrow government

3 Likes

Ebigwei007: 7:14am On Jul 09, 2024
Yankee101:
How many times?
every time they always allocate money for the same project that they have commissioned. Well china no the people they collected money from
Balistic4: 7:14am On Jul 09, 2024
So with all the money the government collected from the masses in the form of income taxes, subsidy removal, heavy import duties, value added taxes and the oil revenue, they can't do anything without external funding?

Ladies and gentlemen, a day will come when having an affiliation with apc will be considered a treason.

5 Likes

Olatundex22(m): 7:14am On Jul 09, 2024
grin I don’t care if na borrow or stealing government wants to use for train From ibadan to Abuja sofer the train will be done in modern way. Am in

7 Likes 1 Share

psychologist(m): 7:14am On Jul 09, 2024
Nigeria is a cash cow

Everybody is milking grin

5 Likes

Chinkoalhaji34: 7:14am On Jul 09, 2024
It's time for the Obedients to stop hating and recognize the FG for seeking international funding to develop critical infrastructure for the benefit of all Nigerians.

75 Likes 1 Share

Curious345: 7:15am On Jul 09, 2024
China should not drop a penny . No be only Ibadan to Abuja .. mrcheeww

Yoruba people do not travel ..I have seen professors and PhD holders in SW who never left their state All their lives

Any rail project that does not capture the SE is useless and a tribalist endeavour . And should be discarded by the civilised Chinese

10 Likes

SALLYBERRY01(m): 7:15am On Jul 09, 2024
Ok nice development
mamaafrik(m): 7:16am On Jul 09, 2024
Lagos_ibadan presently running is quite lovely.

I wish more dual fuel used on Trains so as to used diesel or gas combinely.

This will lower the price of rail transport and make it affordable.

1 Like

Nackzy: 7:17am On Jul 09, 2024
But what's really wrong with our leaders with all this white elephant project, buhari came used ameachi and did nonsense, now it's tinubu
unity004(m): 7:18am On Jul 09, 2024
We
Obakoolex(m): 7:18am On Jul 09, 2024
Curious345:
China should not drop a penny . No be only Ibadan to Abuja .. mrcheeww

Yoruba people do not travel ..I have seen professors and PhD holders in SW who never left their state All their lives

Any rail project that does not capture the SE is useless and a tribalist endeavour . And should be discarded by the civilised Chinese
Cry harder grin
We don't care about second hand citizens...more over most of your elites resides in Southwest.

1 Like

maxiuc(m): 7:21am On Jul 09, 2024
sad angry

They should stop this rail project thing

The ones been built of which benefit has it been

This is something else in this country

Nigeria is gone

2 Likes

Orangedreams: 7:21am On Jul 09, 2024
Karemarealty288:

https://saharareporters.com/2024/07/08/nigerian-government-seeks-china-funding-ibadan-abuja-kaduna-kano-rail-projects#google_vignette




How we can not do a single thing for ourself still baffles me. For fucking thing we run to overseas for help. How do these leaders even gather the courage to go talk to those people for help? No shame nothing nothing.

2 Likes

Hanndye: 7:22am On Jul 09, 2024
China's substandard projects/products no dey tire una?

1 Like

CalabarPikin: 7:22am On Jul 09, 2024
B.promax

1 Like

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