The Federal Ministry of Transportation has announced significant progress in the development of the Nigerian railway sector, stating that government is committed to rail service infrastructural.
Senator Said Ahmed Alkali, the Minister of Transportation said the Kano-Katsina-Jibiye-Maradi rail line when completed will contribute greatly to the economic growth of the country through trade.
The Kano-Katsina-Jibiya-Maradi rail line is a testament to our shared history and ambition for economic advancement. It will create a lasting legacy of wealth and opportunities for Nigeria and the Niger Republic,” he stated.
According to a statement by Jamilu Ja’afaru, the Special Assistant on Public Affairs to the Minister noted that of “Alkali is delighted to announce a major milestone in the financing of the Kano-Katsina-Jibiya-Maradi Railway Project.
“The securing of $1.3 billion signifies a monumental step forward in the completion of this critical infrastructure, which is poised to strengthen the socioeconomic ties between Nigeria and the Niger Republic.
“This rail link, a key component of President Tinubu’s Renewed Hope Agenda, is set to enhance regional trade, community development, and cultural exchange, aligning with the administration’s unwavering commitment to national development and a more interconnected African continent”.
The said the Managing Director of the Nigerian Railway Corporation (NRC), Mr. Fidet Okhiria, and Alh. Muhammad Abdulrazak, a senior director with the African Development Bank (AfDB), has both endorsed the project as a catalyst for positive change, fostering economic growth and regional cooperation.
“The recent visit by Mr Tang Zhigang, Chairman of the Supervisory Board of the China Export and Credit Insurance Corporation, and his delegation, has further bolstered optimism for the rail project’s potential to lay the groundwork for future prosperity between the two nations.
“As the project advances, the Nigerian Government remains dedicated to realizing a vision of progress and unity. The Ministry of Transportation will continue to provide updates on this transformative venture, marking each achievement as we journey towards a brighter and more connected future” the statement reaffirmed.