China not funding us like before, work may slow down on Kano-Kaduna Rail Project – Amaechi

Rotimi Amaechi, minister of transportation, has said that Kano-Kaduna Railway project may slow down due to funding.

The minister stated this while visiting construction on the project in Kano. He disclosed that the country is facing financial difficulties as a result of the economic downturn and China no longer bringing funds as they use to.

“I have never denied that we are having financial challenges, and that is because of economic downturn,” Amaechi said.

“The Chinese are not funding the way they used to fund us, and up till now, we are yet to conclude the loan for this project. So we are funding this project from the budget.

“That is why I doubt the completion and said if funding is available. However, we are putting pressure on all the necessary institutions that need to give us money.

“But currently, we fund it through the budget, we will approach the Ministry of Finance again to fund us within this period.”