{"id":155307,"date":"2025-03-15T17:20:18","date_gmt":"2025-03-15T16:20:18","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/nigerian-govt-names-new-bank-to-fund-kaduna-kano-rail-project"},"modified":"2025-03-26T23:53:40","modified_gmt":"2025-03-26T22:53:40","slug":"nigerian-govt-names-new-bank-to-fund-kaduna-kano-rail-project","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/all-news\/nigerian-govt-names-new-bank-to-fund-kaduna-kano-rail-project","title":{"rendered":"Nigerian govt names new bank to fund Kaduna-Kano rail project"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The Federal Government has approved the China Development Bank (CDB) as the new financier for the Kaduna-Kano rail modernization project, clearing the way for its completion.<\/p>\n<p>The announcement, made by the Senate on March 14, follows the withdrawal of the China Exim Bank (CEB) in 2020, which had cited the COVID-19 pandemic and other challenges as reasons for stepping away from the project.<\/p>\n<p>The update was shared in a statement by Dada Olusegun the Special Assistant to the President on Social Media on Saturday.<\/p>\n<p>The 203-kilometre standard-gauge railway is expected to enhance transportation by connecting Kano and Abuja, boosting economic activity along the corridor.<\/p>\n<p>Before this development, President Bola Tinubu had reassured Nigerians that his administration remains committed to completing the Ibadan-Abuja-Kaduna-Kano railway project, building on the railway expansion program initiated under former President Muhammadu Buhari.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Nigeria<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. The Federal Government has approved the China Development Bank (CDB) as the new financier for the Kaduna-Kano rail modernization project, clearing the way for its completion. The announcement, made by the Senate on March 14, follows the withdrawal of the China Exim Bank (CEB) in 2020, which had cited the COVID-19 pandemic [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":155306,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,30],"tags":[16358,1001,96,254],"class_list":["post-155307","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","tag-china-development-bank-cdb","tag-federal-government","tag-kaduna","tag-nigeria"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nigerian govt names new bank to fund Kaduna-Kano rail project - Nigeria<\/title>\n<meta name=\"description\" content=\"The Federal Government has approved the China Development Bank (CDB) as the new financier for the Kaduna-Kano rail moder ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nigerian-govt-names-new-bank-to-fund-kaduna-kano-rail-project\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigerian govt names new bank to fund Kaduna-Kano rail project\" \/>\n<meta property=\"og:description\" content=\"The Federal Government has approved the China Development Bank (CDB) as the new financier for the Kaduna-Kano rail moder ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nigerian-govt-names-new-bank-to-fund-kaduna-kano-rail-project\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-15T16:20:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-26T22:53:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/03\/sm_1742046762.40553.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"540\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nigerian-govt-names-new-bank-to-fund-kaduna-kano-rail-project#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nigerian-govt-names-new-bank-to-fund-kaduna-kano-rail-project\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Nigerian govt names new bank to fund Kaduna-Kano rail project\",\"datePublished\":\"2025-03-15T16:20:18+00:00\",\"dateModified\":\"2025-03-26T22:53:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nigerian-govt-names-new-bank-to-fund-kaduna-kano-rail-project\"},\"wordCount\":156,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nigerian-govt-names-new-bank-to-fund-kaduna-kano-rail-project#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/03\/sm_1742046762.40553.jpg\",\"keywords\":[\"China Development Bank (CDB)\",\"Federal Government\",\"Kaduna\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Community\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nigerian-govt-names-new-bank-to-fund-kaduna-kano-rail-project#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nigerian-govt-names-new-bank-to-fund-kaduna-kano-rail-project\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nigerian-govt-names-new-bank-to-fund-kaduna-kano-rail-project\",\"name\":\"Nigerian govt names new bank to fund Kaduna-Kano rail project - 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