FG release N72billion for Lagos-Ibadan railway project.
The Minister of Transportation, Rotimi Amaechi, wen im dey yan for the Second Presidential Business Forum, wey Vice-President, Yemi Osinbajo handle, for the old Banquet Hall inside Presidential Villa, for Abuja on Monday, say Federal Government don release money for the construction of the Lagos-Ibadan modernization railway project.
Punch yan say, minister Rotimi Amaech, call the money as N72billion, say dem release all the money, so dem no go waste time for the project, as dem won do am shapaly shapaly.
Im still say, mek im use the opportunity, to beg the National Assembly, say mek dem approve the $30bn foreign loan wey dem ask.
Read wetim im talk
“The construction of Lagos-Ibadan Railway, the Minister of Finance has been kind enough to release the counterpart funding in full.
“I think in the history of Nigeria this is first time that we are releasing counterpart funds in full so that there will be no delay since the Chinese loan appears to have been approved.
“The only thing we need to do, I thank God there is somebody from the National Assembly, is to plead with the National Assembly that the funds has been approved, then the National Assembly should please approve the $30bn loan.
“If you don’t encourage the National Assembly to make that approval, then, the economy won’t be making the kind of progress we want the economy to make.
“So, for me here, I will enjoin to persuade the National Assembly to kindly make that approval because they are tied to projects.”
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