The Kano-Kaduna railway, launched in 2021, advances with a $254.76 million China Development Bank loan, boosting travel and economic growth.
The $254.76 million loan is from the China Development Bank (CDB) and meand for the construction of the 203-kilometre Kano-Kaduna railway.
The government says it marks a significant step in modernising its transportation network.
This project, announced recently, aims to directly link Kano, a major commercial hub, to Abuja, the capital city, offering residents a safer and more efficient travel option.
The railway project, launched in July 2021 by former President Muhammadu Buhari in Kano State, forms part of the Lagos-Kano railway modernisation initiative.
With construction led by the China Civil Engineering Construction Corporation, it has gained recognition as a priority project under the Third Belt and Road Forum for International Cooperation.
In addition, it will ensure smooth implementation, the China Development Bank has committed to collaborating closely with Nigerian authorities.
Read Also; Seplat Plans Revival Of 400 Oil Wells Post-ExxonMobil Acquisition
Moving forward, the bank will oversee the timely disbursement of funds and effective management of the project’s next phases.
Importantly, the railway will not only enhance connectivity but also drive economic growth.
It is expected to spur the development of industries along its route, creating numerous job opportunities during both construction and operation.
By improving transportation infrastructure, the project aligns with Nigeria’s broader vision of fostering regional development.
Progress on the railway has been steady so far.
With continued cooperation between Nigeria and China, the project is on track to deliver its promised benefits.
Ultimately, the Kano-Kaduna railway stands as a symbol of Nigeria’s ambition to modernise its infrastructure while strengthening its international partnerships.
