The Federal Government has on Wednesday approved $1,959,744,723.71 for the construction of a rail line that will link Nigeria to Niger Republic.
At the end of the Federal Executive Council meeting, the minister of transportation, Rotimi Amaechi told reporters that the sum approved for the development of the proposed rail line linking Kano-Dutse-Katsina-Jibia and to Maradi in Niger Republic is inclusive of Value Added Tax.
The minister said apart from that, the council also approved the award of a contract worth N3.049 billion for the design, manufacture, supply, testing, and commissioning of one railway crane for the purposes of clearing rail tracks in situations of accidents.
Meanwhile, the decision by the federal government has attracted criticisms from the opposition party, Peoples Democratic Party saying the project was a misplacement of priority in a country facing intractable problems of insecurity and harsh economic conditions arising from hikes in fuel price and electricity tariff.
According to PUNCH newspaper, the National Publicity Secretary of the PDP, Kola Ologbindiyan in a telephone interview said “the problem of this regime is that it has never got its priorities right and at the end of the day, Nigerians are the ones who suffer from these poor choices by these people.
Ologbindiyan said “let’s even look at it from the point of view of the economy. What is the economic benefit of this project to Nigeria. The Nigerian economy, as it is today, is not in a state to contain this kind of wasteful spending.”