The Minister of Transportation, Rotimi Amaechi, has said that the Federal Government had secured $7. 5bn loan for the construction of standard rail gauge from Lagos to Kano.
Amaechi made this known in Ilorin at the North Central Town Hall meeting held in Ilorin for the people of Kogi, Niger and Kwara.
According to him, the loan was secured from a Chinese bank and the ministry is waiting for approval of the National Assembly to access the loan.
He said that $1. 4bn was for the construction of the rail gauge from Lagos to Ibadan while $6. 1bn would be used on Ibadan–Ilorin–Minna-Kaduna– Kano line.
The minister added that Kaura Namoda–Funtua rail line would be revived.
He, therefore, urged Nigerians to impress it on the National Assembly to approve the loan for work on the project to commence.