Tuesday, November 29, 2022
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Nigeria is spending money it doesn’t have on projects it can’t sustain

Hope was rekindled in May 2007 when the capital territory authorities awarded the Abuja Rail Mass Transit project to CCECC Nigeria Limited. The project cost $824m, with loans from the Exim Bank of China used to fund about 60% of the project. It is even more essential now that the city’s population has grown beyond what the original master plan anticipated, with traffic building up frequently on many routes. An intra-city rail system would ease transportation.

In July 2018, President Muhammadu Buhari commissioned the project’s first of six phases, which connects the airport to the Central Business District, but not long after, the trains went cold and the tracks became silent.

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