More
    HomeBusinessKano, Kaduna get N250bn for rail projects

    Kano, Kaduna get N250bn for rail projects

    Published on

     


    About N250 billion funding for the development of modern light rail systems in both Kaduna and Kano States has been secured by the Federal Government.
    The development was disclosed by the Minister of Information and National Orientation, Mohammed Idris, at the World Press Conference in Abuja on Monday.
    Breaking it down, Idris explained that N150 billion has been allocated to Kano, while Kaduna will receive N100 billion, highlighting the administration’s unwavering commitment to advancing critical infrastructure development at the sub-national level.
    “The Federal Government says it has secured about N250 billion funding for the development of light rail in Kaduna and Kano, respectively,” the statement read in part.
    Idris stated, “The Federal Government is actively going further to support various sub-national infrastructure projects, for instance, the light rail projects in Kano and Kaduna States, for which funding to the tune of N150 billion and N100 billion, respectively, has been secured.”
    The Minister said President Bola Tinubu was determined to entrench financial autonomy for local governments, thereby making them more effective in service delivery, community engagement, and the provision of essential infrastructure.
    Idris also mentioned that state governments were now receiving significantly higher revenue allocations from the federation account, a development made possible by the removal of the oil subsidy and other fiscal reforms.

    Latest articles

    Engr. Sule Ahmed Abdul-Aziz Reappointed TCN MD, Earns Nationwide Praise for Power Sector Leadership

    The Senior Staff Association of the Transmission Company of Nigeria (TCN) has hailed the...

    Bandits kill five, abduct 22 in midnight attacks on Sokoto communities

    In separate midnight attacks on three communities in Sabon Birni Local Government Area of...

    “Five Things to Know About CBN’s New BVN Regulations Starting May 1

    The Central Bank of Nigeria (CBN) has introduced new Bank Verification Number (BVN) guidelines aimed at...

    “You Can’t Intimidate Your Way to Power”—Shettima Blasts Obidients, Peter Obi

    Vice President Kashim Shettima has said that no one can force their way into...

    More like this

    Engr. Sule Ahmed Abdul-Aziz Reappointed TCN MD, Earns Nationwide Praise for Power Sector Leadership

    The Senior Staff Association of the Transmission Company of Nigeria (TCN) has hailed the...

    Bandits kill five, abduct 22 in midnight attacks on Sokoto communities

    In separate midnight attacks on three communities in Sabon Birni Local Government Area of...

    “Five Things to Know About CBN’s New BVN Regulations Starting May 1

    The Central Bank of Nigeria (CBN) has introduced new Bank Verification Number (BVN) guidelines aimed at...