By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: Buhari to flag off construction of Kano-Kaduna rail project in few weeks – Amaechi
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

Buhari to flag off construction of Kano-Kaduna rail project in few weeks – Amaechi

Agency Report with Okay.ng
By Agency Report with Okay.ng
Published: July 2, 2021
Share
2 Min Read
Rotimi Amaechi
Rotimi Amaechi
SHARE

Minister of Transportation, Rotimi Amaechi, has revealed that President Muhammadu Buhari will launch the construction of Kano -Kaduna rail project in the next few weeks.

Amaechi disclosed this on Friday while speaking at the weekly Presidential Media briefing organised by the State House Media Unit in Abuja.

He said that all contracts for the projects had been awarded as the loan for the project was not forthcoming from China as earlier planned.

He said, “In the next two weeks, we should be launching and commencing immediately the construction of Kano-Kaduna rail project.

- Advertisement -

“The president will be launching it and then we will commence construction immediately.

“The reason why we are commencing construction immediately is that all the necessary contracts have been awarded.

“We have been waiting for the loan for too long from China and the money has not come.

“So, we decided to fund it from the budget. We already paid 218million dollars to them and we are about to pay another 100million dollars to make it about 318million dollars.

- Advertisement -

“Kano-Kaduna is about 1.2billion dollars – the moment you pay about 318million dollars, you must have paid one-third of the project.

“So, we believe that by the time we get the loan we must have funded up to 600million dollars.

“So, that should be able to take the project nearly halfway before the fund will come because if we continue to wait for the loan whether, from China or Europe, we may likely not complete it before we go.”

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:AmaechibuhariRotimi Amaechi
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
Previous Article Sunday Igboho Sunday Igboho accuses DSS of planting arms, ammunition recovered in his house
Next Article Nnamdi Kanu Nnamdi Kanu speaks from DSS custody, narrates how he was tortured in Kenya

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Exchange Rate

Okay.ng Logo
Buy Rate ₦1,605.00
Sell Rate ₦1,620.00

Last updated: 3 weeks ago (June 3, 2025 2:33 pm)

Displayed rates are for informational purposes only and are subject to change.

USD/NGN Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Federal Revenue Agencies to Undergo Restructuring as President Tinubu Enacts Major Tax Reform Legislation
News Top stories
BREAKING: President Tinubu Endorses Four Major Tax Reform Bills
News Top stories
Lagos State Government
Lagos State Government Refutes Peter Obi’s Allegation of Property Demolition, Orders Probe
News
Oyo State Governor Seyi Makinde Renames Polytechnic Ibadan in Honour of Late Dr. Omololu Olunloyo
News
BREAKING: President Tinubu Withholds Assent to NDLEA Bill Over Proceeds Clause
News
- Advertisement -
Ad imageAd image

You May Also Like

News

BREAKING: High Court in Lafia Sentences Timileyin Ajayi to Death for Killing Corps Member

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 26, 2025
PoliticsTop stories

Barau Jibrin Pledges Unwavering Support for President Tinubu on 2027 Election Decisions

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 26, 2025
News

Ogun State Chief Judge Urges Lawyers to Prioritize Human Rights Over Tradition

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 26, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?