The Senate has invited the Minister of Transport, Honourable Chibuike
Amaechi to explain the reason for the exclusion of the eastern part of the
country in the proposed China Exim Bank loan for rail development in the
The invitation is coming after a federal lawmaker, Senator Enyinaya
Abaribe complained that the loan which is for railway development does not
cover the eastern part of the country.
Meanwhile, the chairman of the Senate Committee on Land Transport, Senator
Gbenga Ashafa faulted the information presented by Senator Abaribe.
On April 26, the Federal Government presented a formal request to the
National Assembly to approve a loan of 5.8 billion dollars from China Exim
Bank to modernize rail lines in some parts of the country.
The areas listed for the modernization included Lagos – Kano, Kano –
Kaduna, Lagos – Ibadan and Lagos – Calabar rail segments.
The Minister of Finance, Kemi Adeosun, gave some clarification on the loan
for the railway project.