Tag Archives: Lagos-Ibadan rail project

FG secures $1.5b loan for Lagos-Ibadan rail project

The Federal Government has secured $1.5 billion from the China Exim Bank to begin work on the Lagos-Ibadan rail line project. Briefing the Senate Committee on Land Transport, chaired by Gbenga Ashafa, Minister of Transport, Rotimi Amaechi explained that the foundation of the Lagos-Ibadan Segment Two of the Lagos- Kano rail project would be laid before March 31. He explained that …

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