A team of the EXIM Bank of China and contractors are in Kano State to assess the routes of the Proposed light Rail project in the second biggest commercial city in Nigeria as well as concretize the MOU.
The inspection is a preclude to the signing of the contract in September this year during the Africa – China Business Summit in Beijing, before the eventual release of the funds and subsequent commencement of the project billed to commence this year..
The Chairman of the 18 man Kano Light Rail Committee, Isiaku Umar Tofa Dan’adalan says “the Management team of the Chinese Exim Bank who are the financiers of the Project visited the state to see for themselves the viability of the State and its business prosperity before granting the final approval for the loan.”
Division of Project
The Chairman said the project was divided into four namely, the Red, Yellow, Blue, and Green lines which comprised of about four local governments areas taking sources from Gwarzo, Dawakin Kudu, Gezawa and Bichi local government areas.
“These are the routes where the rail would start operation and would all terminates at Bata junction closed to Sabon Gari Market,” he stated.
He noted that the State had resolved to start with phase1 which is the Redline beginning from the Bichi / Katsina road to the terminal at Bata at the cost of over 200 million dollars.
”Once this is completed, the committee would decide on the next phase so that the contractual agreement of Two years earmarked for its completion would be achieved,” he said.
Work to Commence in September
He said the State government had already applied for the bond and the Nigerian government is to serve as the guarantor of the loan once the conditions attached to it are fulfilled, work would commenced in the Month of September.
“The idea is to find a way of reducing the hardship faced by the people of the State in the area of transportation and to minimize traffic congestion occasioned by the number of Tricycles and vehicular movement which brought a lot of inconveniences to the people of the State.”
“Kano is a Mega City and once the State is to continue to answer its name in the scheme of things as one of the leading states in the Country there is the need for this kind of projects to be on ground for the benefit of the present as well as the future generation “ the Committee Chairman explained.
The Proposed Kano Light Rail project is expected to gulp the sum of $1.85bn dollars equivalent to Six billion Naira.