✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

Amaechi: Paucity of fund may stall Kano-Kaduna rail project

Minister of Transportation, Rotimi Amaechi, says a lack of adequate funding may slow the pace of work and completion of the Kano-Kaduna railway project.

Amaechi made this known while inspecting work on the project in Kano on Friday.

“I have never denied that we are having financial challenges and that is because of the economic downturn.

SPONSOR AD

“The Chinese are not funding the way they used to fund us and up till now, we are yet to conclude the loan for this project. So we are funding this project from the budget.

“That is why I was sceptical about the completion and said if funding is available. However, we are putting pressure on all the necessary institutions that need to give us money.

“But currently, we fund it through the budget, we will approach the Ministry of Finance again to fund us within this period,’’ Amaechi said.

Based on the pace of work by the contractors, and with adequate funds, the minister expressed optimism that the government would deliver the project for commercial activities before May 2023.

He commended the CCECC and the TEAM on the quality of work delivered so far and urged them not to relent so they could deliver a good job to the country.

Amaechi restated the importance of utilising local materials and manpower in the construction of the rail project.

According to him, the government is encouraging not only the use of local materials but passing all those kinds of jobs to Nigerians.

“So that we are part of the process, we are part of the benefits of this, not just economic benefit but also part of the financial benefit,” he said.

On equipment, he said it was agreed that the Chinese should bring in 2,000 pieces of equipment for the construction of the project.

He said this was to ensure the availability of equipment for the project at all times to prevent the reoccurrence of what was experienced during the construction of the Lagos-Ibadan rail project.

“They brought about 472 equipment, 200 of them are in the seaport, but what we agreed is that they must bring in 2,000 equipment.

“This is because what we suffered in Lagos- Ibadan, was the fact that equipment were breaking down, was not enough and they couldn’t place an order for new ones.

“So for this one, buy all the equipment that you need so that as they break down you replace so that we will be able to complete the project in due time,” he explained.

On the benefits, Amaechi reiterated that the essence of the project was for easy movement of passengers and cargoes, especially cargoes.

He said Kano was the most important economic centre and the project would ensure activities that took place in Kano be conveyed easily to Lagos.

“It will create jobs, already the cost of land here won’t be the same. So the economic value here is much more than it will be before the construction.

“Also, as I will always tell people, you can work in Abuja and take off from Kano, just like it is being done now in Kaduna.

“That way you will reduce the cost of accommodations and those who maintain two homes can now live in Kano and go to work in Abuja,” Amaechi added.

On the motivation behind the rail project, Amaechi said it was the vision of President Muhammadu Buhari to connect the country via rail and his duty as Minister of Transport to implement it. (NAN)

Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.

NEWS UPDATE: Nigerians have been finally approved to earn Dollars from home, acquire premium domains for as low as $1500, profit as much as $22,000 (₦37million+).


Click here to start.