Rail projects: Adequate budgetary allocation needed for loan agreements, says minister | TheCable

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Mu’azu Sambo, minister of transportation, says adequate budgetary provision is needed to complete ongoing rail projects across the country.

Sambo spoke on Thursday when he appeared before the joint national assembly committee on land and marine transport, chaired by Danjuma Goje, senator representing Gombe central.

“Currently, the implementation of the Kaduna-Kano, Port Harcourt to Maiduguri and Kano-Maradi segments of the railway modernisation is ongoing with the federal government counterpart funding in the 2022 appropriation,” he said.“The ministry hopes that the federal ministry of finance concludes negotiation of the loans with infrastructure development finance institutions of Chinese, Portuguese, and Turkish origin to implement the projects.

Sambo also said the Lagos-Ibadan segment of the Lagos-Kano and Itakpe to Warri railway projects is fully operational and receiving patronage from the public.

 

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