The Federal Government, through the Ministry of Transportation has announced a major milestone in the financing of the Kano-Katsina-Jibiya-Maradi in Niger railway project, with the securing of $1.3 billion facility.
The project is under the construction by the China Civil Engineering Construction Corporation , who is funding the project through loans.
Jamilu Ja'afaru, an aide to the minister, said this rail link, a key component of President Tinubu's Renewed Hope Agenda, is set to enhance regional trade, community development, and cultural exchange, aligning with the administration's unwavering commitment to national development and a more interconnected African continent.
Ja'afaru further said the recent visit by Mr. Tang Zhigang, Chairman of the Supervisory Board of the China Export and Credit Insurance Corporation, and his delegation, has further bolstered optimism for the rail project's potential to lay the groundwork for future prosperity between the two nations.
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