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Nigeria

Nigeria Forum/News

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Chinese bank approves $254.76m loan for Kano-Kaduna railway

punchng.com/chines...

submitted about 1 year ago by uzong

Chinese bank approves $254.76m loan for Kano-Kaduna railway

submitted about 1 year ago by uzong

Chinese bank approves $254.76m loan for Kano-Kaduna railway
  • The China Development Bank approved a $254.76 million loan to support the Kano-Kaduna railway project in Nigeria, connecting Kano to Abuja for safer and more efficient transportation, with the aim of boosting economic growth and creating job opportunities.
  • The bank is working closely with the Nigerian government to ensure smooth funding disbursement and effective project management, as part of efforts to strengthen ties between Nigeria and China.
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