KANO — Rotimi Amaechi, Minister of Transportation, has indicated that a lack of adequate funding may reduce the pace of work and completion of the Kano-Kaduna railway project.
The minister disclosed this while inspecting work on the project in Kano on Friday.
According to him, Journalists in the country are grappling with some financial challenges due to the economic downturn.
“I have never denied that we are having financial challenges, and that is because of the economic downturn.
“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 doubt 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.
“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.
“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 said.
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One comment
joseph truman
February 7, 2022 at 3:56 am
No killing the Nigerian Factor. How can you conceive a project and execute it without abudgetry provision. Please stop playing over our intelligence.