Friday, September 30, 2022

We Are Stuck With Lots Of Our Projects Because China Is No Longer Giving Us Money – Rotimi Amaechi

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The Minister of Transportation, former Governor Rotimi Amaechi has spoken on behave of the Federal Government and has blamed the delays in completing some major projects, including railways, across the country on the scarcity of funds. Rotimi Amaechi

In an interview with Guardian, the Minister for Transportation, Rotimi Amaechi, hinted that the Chinese have stopped funding Nigerian government projects and that this has forced the Federal government to start looking for loans in Europe to complete existing jobs.
READ ALSO: Rotimi Amaechi’s Statement About Empty Treasury Is Wrong – Osita Chidoka

“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 I compare with the one we have borrowed, the kind of comments by Nigerians will put you off,” he said
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Rotimi Amaechi Fixes September For The Groundbreaking Of Transport University, DauraThe minister, however, noted that the Abuja-Itakpe railway, which will link the existing Itakpe-Delta rail line, is underway. He said the link rail would have been completed but for misunderstanding with a Chinese contractor. He assured me that once the issues surrounding the project are resolved, work would begin on the route.
READ ALSO: Some People Will Blame Buhari If They Can’t Get Pregnant – Rotimi Amaechi

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