President Muhammadu Buhari is seeking approval from the National Assembly for a proposal to borrow $5.85bn from China to modernise the country’s rail network.
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CHINA TO CONSTRUCT $1.85BN LIGHT RAIL IN KANO
China Railway Construction Corporation says it has won a $1.851 billion contract to construct the Kano city light rail. In a special announcement in Monday, the company said its directors had received a provisional letter of award from Nigeria. The rail, with a total length of 74.3 kilometres, is expected to travel at a speed of 100 kilometres per hour.
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