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Nigerian Govt gets $255m Chinese loan for Kano-Kaduna railway project

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15 hours ago

January 08, 2025 Follow

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NAIJA NEWS: Nigerian Govt gets $255m Chinese loan for Kano-Kaduna railway project [New Naija News] » Naijacrawl

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China Development Bank (CDB) has approved the first tranche of a $255 million loan to support Nigeria’s ambitious Kaduna-Kano railway project.

Read Also : Lagos govt dislodges roadside traders along Railway Corridors, shuts down Alamutu market

The announcement was made in a statement released by CDB on Tuesday.

The loan will play a pivotal role in advancing the construction of the 203-kilometer railway, a key transportation initiative aimed at connecting Kaduna and Kano directly by rail. This project is part of the cooperation deliverables outlined during the third Belt and Road Forum for International Cooperation in 2023.

CDB expressed confidence in the steady progress of the railway’s development so far. The bank also emphasized its commitment to working closely with Nigerian partners to ensure the smooth disbursement of subsequent loan installments and efficient post-loan management.

Once completed, the Kaduna-Kano railway is expected to revolutionize transportation in Northern Nigeria, providing faster, safer, and more reliable travel options for commuters and boosting regional economic activities.

Stay tuned for updates on this transformative infrastructure project as it progresses toward completion!

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Ojo Sunday Victor, A Professional Graphics Designer, and a skilled Content Writer in Entertainment, News and Sport Update.!An Undergraduate in Ladoke Akintola University of Technology (LAUTECH, Ogbomoso). Read More

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Naija News

Buhari Names Railway Stations After Tinubu And Other Prominent Nigerians

Published

4 years ago

July 27, 2020

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NAIJA NEWS: Buhari Names Railway Stations After Tinubu And Other Prominent Nigerians [New Naija News] » Naijacrawl

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President Buhari has approved the naming of some railway stations along the Lagos-Ibadan and Itakpe/Ajaokuta/ Aladja/Warri corridors after some deserving Nigerian citizens.Minister of transportation Rt. Hon. @ChibuikeAmaechi disclosed this through a statement by his ministry's Director of Press, Eric Ojiekwe.The statement noted that the deserving citizens have contributed to the progress and development of their respective communities and the nation at large.Accordi...

Naija News

Check the pictures of the Itakpe-Warri Railway Buhari named after Jonathan

Published

4 years ago

July 19, 2020

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NAIJA NEWS: Check the pictures of the Itakpe-Warri Railway Buhari named after Jonathan [New Naija News] » Naijacrawl

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The minister of transportation MR Chibuike.Rotimi Amaechi shared the lovely pictures of the railway President Buhari named after the immediate former president; Goodluck Jonathan.Amaechi tweets:Today, we continued test-run of our new coaches on the completed Itakpe-Warri standard gauge rail line.We've named the largest station on this route - the Agbor railway facility and station after former President Goodluck Jonathan.

Naija News

Guitars State: Kaduna Stakeholders Finally Agreed On Splitting Of Kaduna State Into Two

Published

3 years ago

May 27, 2021

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NAIJA NEWS: Guitars State: Kaduna Stakeholders Finally Agreed On Splitting Of Kaduna State Into Two [New Naija News] » Naijacrawl

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Kaduna state is one of the places ethnic conflict take place the most and this is due to the polarization of the state between Kaduna North and Kaduna South, of which the latter is the victim of their merge.However, in the ongoing nationwide constitutional review program, the President of the Southern Kaduna Peoples Union (SOKAPU), Hon. Jonathan Asake, who defended the memo of Southern Kaduna people said: “The wish of Southern Kaduna is to have a brand new constitut...