China disburses $254m loan to Nigeria for Kano-Kaduna rail project

Spread the love

Beijing, Jan. 8, 2025 – China Development Bank (CDB) on Tuesday released 245 million euros ($254.76 million) to Nigeria for the Kano-Kaduna railway project.

The CDB disclosed this in Beijing on Tuesday with a promise to work closely with the Nigerian side to ensure the continued disbursement of loans and effectively manage following work in the next phase.

The Kano-Kaduna railway, with a total length of 203 kilometers, is a standard-gauge railway.

Once completed, it will provide direct rail connectivity between Kano, an important northern city in Nigeria, and the country’s capital Abuja, offering local residents a safe, efficient, and convenient mode of transportation.

This railway will also promote the development of related industries along the route.

The construction and operation of the project will create numerous job opportunities in Nigeria.

The Kano-Kaduna railway project has been included in the list of practical cooperation projects for the Third Belt and Road Forum for International Cooperation.

This project is being constructed by China Civil Engineering Construction Corporation, with financing support provided by the CDB.    (ECNC)

Leave a Reply

Your email address will not be published. Required fields are marked *