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Monday, 8 January 2018

WTH! Rotimi Ameachi reveals the amount needed to fund all Rail projects

Nigerian Minister of Transportation Rotimi Amaechi, has disclosed the total amount needed to complete all rail projects. He says the Federal Government would require between $36 billion to $40 billion to finance all the railway projects it is currently embarking on in the country. 

Amaechi disclosed this at Rigasa Station, Kaduna State. According to him, only God knows where the government will source for the funds.
“We need between $36 billion and $40 billion. Only God knows where we are going to get it. But I may apply what I did as Rivers State governor. When there is a project, we put on the table how much we have. We will just award the contract, believing that God will do it for us. You will say that it is naive but at the end of the day we got money to pay the contractors. Government will also focus on Kano-Kazure, Daura, Katsina, Jibya and link Maradi in Niger Republic, as part of regional railway inter-connectivity of the  ECOWAS sub-region” he said
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