Connect with us

Africa

Nigeria eager to complete rail project to Niger after diplomatic standoff

Published

on

Nigeria appears to be ready to repair damaged relationship between it and its northern neighbor, Niger after it met a group of financial institutions interested in providing funding for the completion of the Kano-Maradi rail project.

The rail project connects the two West African countries from Kano (Nigeria) to Maradi (Niger).

The two countries were in a standoff for almost eight months after Niger got suspended from the regional bloc, ECOWAS over a coup that happened in the country.

But Nigera on Tuesday, represented by the Minister of Transportation, Sen. Said Alkali, has met with a group of financial institutions interested in providing funding for the completion of the Kano-Maradi rail project.

The project aims to enhance trade, transportation, and bilateral relations between Nigeria and Niger Republic.

The Minister assured the financial institutions that all necessary documentation and information to secure funding for the project will be provided.

The consortium of banks involved includes institutions such as the Africa Development Bank and the China Construction Bank.

The government has conducted assessments, obtained approvals, and addressed issues such as land compensation and security along the rail corridor.

They also have plans to enhance security through the installation of a digital security system along the rail tracks.

The project is seen as vital for economic growth, regional connectivity, and inclusive development.

Nigeria said that it is committed to seeing it through and believes in the potential for a promising return on investment for the financiers involved.

 


For Diaspora Digital Media Updates click on Whatsapp, or Telegram. For eyewitness accounts/ reports/ articles, write to: citizenreports@diasporadigitalmedia.com. Follow us on X (Fomerly Twitter) or Facebook

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest from DDM TV

Latest Updates

INNOSON VEHICLE MANUFACTURING

Curfew, Internet blackout as violence hits Manipur in India

Money my husband saved for Nigeria was looted after his death — Maryam Abacha

Russian jets hit in Ukraine’s bold nighttime operations

Peter Obi’s financial legacy: ₦36 billion, $150 million left in Nigerian banks, debt-free

FG to unveil major railway expansion connecting multiple Nigerian cities : NRC MD

400% increase in air defenses needed to counter Russian threats, says NATO chief

How Gowon Remembers the Nigerian Civil War

US. and China begin trade talks in London after phone call between Trump and Xi

How seven Nigerian pilgrims died during 2025 Hajj in Saudi Arabia

Why Kemi Badenoch thinks migrants should wait 10 years for UK citizenship

Subscribe to DDM Newsletter for Latest News

Get Notifications from DDM News Yes please No thanks