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I Need $36bn To Construct Railway Nationwide —amaechi - Politics - Nairaland

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I Need $36bn To Construct Railway Nationwide - Amaechi / Amaechi: We Begged Niger Republic To Construct Railway For Them / Worry As Nigeria’s External Reserves Head To $36bn, Now $37.4bn (2) (3) (4)

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I Need $36bn To Construct Railway Nationwide —amaechi by Gladtunenaija: 8:17am On Jan 01, 2022
The Minister of Transportation, Rotimi Amaechi, says he needs just $36bn to connect the entire nation by rail.

Amaechi said this on NTA’s ‘Good Morning Nigeria’ programme which was monitored by The PUNCH on Friday.

The minister explained that railway is capital intensive and this has made it difficult for private firms to invest in the sector.

He said the reason the Nigerian government has been borrowing funds from overseas is because only the government is able to come up with the needed collateral to take such loans.When asked why the Kaduna-Abuja railway had not been linked to Lokoja, Amaechi responded, “If we had money, I would want to be the minister that initiated and completed the linking of Nigeria. All I need is $36bn. With $36bn, all of them (will be linked).

“The project from Itakpe to Abuja is $3.09bn. If we have that, we will start it tomorrow... https://gladtune.com/2022/01/01/i-need-36bn-to-construct-railway-nationwide-amaechi/

Re: I Need $36bn To Construct Railway Nationwide —amaechi by Kucoin: 9:07am On Jan 01, 2022
How about GoFundMe on behalf of the nation. undecided

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Re: I Need $36bn To Construct Railway Nationwide —amaechi by Bobloco: 10:26am On Jan 01, 2022
grin

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