x

China Bank Approves $254M Loan for Kano-Kaduna Railway Project

By   Milcah   Tanimu

The China Development Bank (CDB) has approved a $254.76 million loan to fund the Kano-Kaduna railway project in Nigeria. The loan, announced on Tuesday, will help accelerate the construction of the 203-kilometer railway that will connect Kano and Abuja. This new rail line will provide a safer and more efficient transport option for local residents.

The China Civil Engineering Construction Corporation (CCECC) manages the construction, with financial backing from CDB. Once finished, the railway will enhance mobility between Kano, a major northern city, and Abuja, Nigeria’s capital. The project will also stimulate economic growth and create jobs along the route.

The Kano-Kaduna railway is part of the larger Lagos-Kano standard gauge railway modernization project. The first two segments—the Abuja-Kaduna and Lagos-Ibadan sections—began commercial operations in 2016 and 2021, respectively.

CDB highlighted that the project supports the objectives of the Third Belt and Road Forum for International Cooperation, showcasing China’s ongoing commitment to Nigeria’s infrastructure development. With the loan approved, construction continues, and future project phases are progressing smoothly.

Hot this week

Tinubu Approves Minor Cabinet Reshuffle as Edun, Dangiwa Exit FEC

…Oyedele Elevated to Finance Minister; Darma Named NomineeBy Francis...

2027: Group Endorses Agabi for Nasarawa Assembly Seat

A retired Assistant Commissioner of Police, Mailafiya Yakubu Agabi,...

Malami: Judge Threatens Contempt, Warns Counsel Against Unruly Conduct

By Francis WilfredJustice of the Federal High Court, Maitama,...

Bayelsa United Feeders Win Yenagoa LGA Title in Prosperity Cup Thriller

Bayelsa United Feeders have been crowned champions of Yenagoa...

Why Nigerian Journalists Must Respect the One-China Principle

Nigeria’s foreign policy is neither accidental nor negotiable. It...

Malami: Judge Threatens Contempt, Warns Counsel Against Unruly Conduct

By Francis WilfredJustice of the Federal High Court, Maitama,...

Court Jails Man Five Years for Recruiting Boys into Yahoo School

By Francis WilfredThe Benin Zonal Directorate of the has...

President Federation Cup: EFCC FC Beats Fire Service FC 1–0

By Francis WilfredThe football team of the secured a...

Tinubu Approves Minor Cabinet Reshuffle as Edun, Dangiwa Exit FEC

…Oyedele Elevated to Finance Minister; Darma Named NomineeBy Francis...

Wike Woos Aggrieved PDP Members, Assures Entitlements, Pushes Reconciliation

By Joyce Remi-BabayejuThe FCT Minister and chieftain of the...

Gov Sani bags NIPR Fellowship, to become PR Ambassador

By Achadu Gabriel, KadunaGovernor Uba Sani of...

El-Rufai: State High Court Adjourns Bail Ruling to June

By Achadu Gabriel, KadunaFormer Kaduna State Governor, , will...

Related Articles

Popular Categories

spot_imgspot_img