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China has stopped funding rail projects in Nigeria, says Amaechi

Amaechi

Published By News Editor

The Minister of Transportation Rotimi Amaechi has blamed the delays in the continuation of major railway projects.

Amaechi made this assertion on Monday, in an interview with Guardian, while expressing hope that Nigeria could get loans from Europe to complete existing projects.

According to Amaechi: “We are stuck with lots of our projects because we cannot get money. The Chinese are no longer funding. So, we are now pursuing money in Europe.

“And when I look at the money they are borrowing in other countries and compare it with the one we have borrowed, the kind of comments by Nigerians will put you off.”

Amaechi said the Abuja-Itakpe railway is underway, which will link the existing Itakpe-Delta rail line.

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