Rotimi Amaechi, the Minister of Transportation, has blamed
the delays in major projects, including railways, on the inability of the
Chinese to fund them.
Amaechi said the Federal Government has started looking for
loans in Europe following the refusal of the Chinese to fund Nigerian projects.
In an interview with Guardian, the minister expressed 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.
He said the link rail would have been completed but for
misunderstanding with a Chinese contractor.
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