Friday, July 1, 2016

China is to construct $19.4 billion railway in Nigeria

(Lagos) A Chinese company will take up construction work of two railway projects in Nigeria, said Nigerian Minister of Transportation Rotimi Amaechi Wednesday in an interview with CNBC Africa. China Civil Engineering Construction Corporation Ltd. (CCECC), one of the subsidiaries of China Railway Construction Corporation, a state-owned construction enterprise, will undertake the construction work of a $ 19.4 billion railway project and the work will last two to three years.

For years we have known that investment in Africa is the way to go, but for some very strange reason, instead of building things , which would do that, our political elites, find numerous ways in which to hand over money (As charity)  no strings attached in which to see the vast majority stolen. I take my hat off to China, in actually doing something constructive for Africa which can only better the continent.