NIGERIA GOVT. TO SANCTION CHINESE COMPANY OVER FAILURE FOR RAIL PROJECT

NIGERIA GOVT. TO SANCTION CHINESE COMPANY OVER FAILURE FOR RAIL PROJECT

The federal government has threatened to mete out a stiff sanction to the China Civil Engineering and Construction Company (CCECC) over the firm’s alleged failure to provide 85 percent counterpart fund for the rail project in some parts of the country. The Minister of Transportation, Muazu Sambo, decried the slow pace of work in the Kanu-Kaduna and Port Harcourt-Maiduguri rail lines. Sambo gave the warning on Saturday while briefing journalists in Lagos at the end…

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