The Federal Government had secured a $7.5 billion to convert the Lagos-Kano narrow gauge into a standard gauge railway.
Mr Rotimi Amaechi, the Minister of Transportation, announced this at a town hall meeting on Monday in Ilorin, Kwara State.
According to him, the $7.5 billion is part of the $30 billion the federal government sought approval for from the National Assembly.
He said $1.4 billion, out of the loan, would be used for the construction of the rail line from Lagos to Ibadan while $6.1 billion would be spent on the Ibadan–Ilorin–Minna-Kaduna– Kano sections of the railway.
He explained further that said work on the eastern rail, linking Aba to Port Harcourt, Makurdi, Enugu and Jos, would begin in June.
The minister said that the loan, if accessed, would enable the government to revitalise rail projects, which would in turn, create more jobs for Nigerians.
Speaking on the myriads of problems comfronting the nation, Amaechi remarked that the administration of President Muhammadu Buhari did not promise to solve the country’s problems in one year.
“We did not promise that those challenges will be solved in one year; if we had promised that, Nigerians would have given us one year.
“You gave us your mandate for four years, so you have to wait till the end of four years,’’ Amaechi said.
Also speaking at the meeting, Gov. Abdulfatah Ahmed of Kwara State said there was the need for synergy between states and federal government to fix the country’s infrastructure.