Nigerian Transport Minister said the federal government has been waiting for a year for a Chinese government loan of $ 5.3 billion, which is needed to start construction of the planned railway from Ibadan in the south of the country to Kano. in the north.
Minister Rotimi Amaechi said on a television broadcast on Saturday that the project would start as soon as the loan was approved.
The government applied for the loan when it awarded the contract to build the line to state contractor, China Civil Engineering Construction Corporation (CCECC), a year ago.
This project will extend the line nearing completion between Lagos on the coast and Ibadan, located some 130 km inland to the north.
The CCECC announced the completion of the track laying of this line in April of last year. She launched this project in March 2017.
In 2018, the Nigerian government also approved a plan to extend the Ibadan Line further north to Kaduna, some 700 km away. This is expected to cost around $ 6.7 billion.
“We are waiting for the Chinese government and bank to approve the $ 5.3 billion to build the Ibadan-Kano. What was approved a year ago was the contract,” Amaechi said, reports news site This day live.
“By the time I announced that the federal government awarded a $ 5.3 billion contract to the China Civil Engineering Construction Corporation (CCECC) to build Ibadan-Kano, they assume the money has arrived, no.
“So far, we haven’t got the money a year after applying for the loan. We’ve almost finished the one in Lagos-Ibadan. If we don’t get the loan now, we can’t start,” did he declare. noted.
Image: © GCR, illustration by Denis Carrier