Vice President Namadi Sambo yesterday assured Nigerians that the $874 million contracts for construction of the Abuja-Kaduna railway line modernisation project would be completed by December this year.
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Arch Sambo who said this in Abuja at the official commencement of track laying of the railway modernisation project, said the project which was awarded to a China firm, CCECC in December 2010 will be completed within the 36 months time frame.
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He said, the Federal Ministry of Finance successfully negotiated and secured a concessionary loan of $500 million from the Chinese government to part finance the project.
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A moving train on the 68 percent completed railway track of the Abuja – Kaduna fast train project launched by Vice President Namadi Sambo in Abuja on Thursday
It's always a good thing to see projects successful in hard times like this. The federal government has done well by doing this.