The failure to secure loans in the international debt market to finance the reconstruction of the Port Harcourt-Maiduguri Rail Line. The Minister of Transportation, Muazu Sambo, disclosed this in Abuja  on Wednesday. This dashes the expectation that a key national infrastructure will be ready in time before the end of the Buhari administration. President Muhammadu Buhari had last March performed the groundbreaking ceremony to commence the reconstruction of the rail line, which was originally built...

The federal government says the construction of the Port Harcourt-Maiduguri eastern rail line by the current administration is no longer feasible. Mu’azu Sambo, minister of transportation, said this on Wednesday. According to him, the delay is due to the federal government’s inability to secure foreign loans that will make 85 percent of the funds needed to execute for the project. Sambo disclosed this while fielding questions on what is hindering the administration from delivering the...