Lack of funds stalls N16tr railway projects across Nigeria

Several railway projects worth over $21.3bn (about N16 trillion) across the country have stalled due to lack of funding, findings by Daily Trust have revealed. The development is threatening the federal government’s railway modernisation programme designed to connect all states of the federation.  The projects include the Ibadan-Kano Standard Gauge Railway ($5.3bn); $11.17bn Lagos-Calabar coastal…

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