The China Development Bank (CDB) has approved a $254.76 million loan to finance the construction of Nigeria’s Kano-Kaduna railway project. The project, part of the President Bola Tinubu-led administration’s infrastructure drive, aims to enhance transportation and economic development across the region.
The construction of the 203-kilometer standard-gauge railway is being handled by the China Civil Engineering Construction Corporation (CCECC).
The railway is designed to establish a direct rail connection between Kano, a major city in northern Nigeria, and the nation’s capital, Abuja. Upon completion, the railway is expected to offer residents a safer, more efficient, and convenient mode of transportation.
In a statement released on Tuesday, the CDB emphasized the project’s significance, noting its potential to boost economic activity along the railway corridor, create jobs, and stimulate related industries.
The bank also highlighted its role as part of the broader practical cooperation initiatives under the Third Belt and Road Forum for International Cooperation.
The Kano-Kaduna railway project represents the third segment of Nigeria’s Lagos-Kano standard-gauge railway modernization initiative. The first two segments, Abuja-Kaduna and Lagos-Ibadan, commenced commercial operations in July 2016 and June 2021, respectively.
Former President Muhammadu Buhari officially launched the construction of the Kano-Kaduna segment on July 15, 2021.
Construction of the project is reportedly progressing smoothly, with the CDB reaffirming its commitment to ensuring proper fund disbursement and effective project management in collaboration with the Nigerian government.
This development underscores the continued partnership between China and Nigeria in advancing critical infrastructure projects aimed at fostering economic growth and regional connectivity.
