The Chinese are no longer funding, we are now pursuing money in Europe – Amaechi

Minister of transportation, Rotimi Amaechi has disclosed that the Chinese no longer fund the country’s projects.

The Minister in an interview with Guardian said the Federal Government has started looking for loans in Europe following the refusal of the Chinese to fund Nigerian projects which has led to it’s delay.

“We are stuck with lots of our projects because we cannot get money. The Chinese are no longer funding. So, we are now pursuing money in Europe.

“And when I look at the money they are borrowing in other countries and compare it with the one we have borrowed, the kind of comments by Nigerians will put you off, Amaechi said

Amaechi said the Abuja-Itakpe railway is underway, which will link the existing aaa@ rail line.

He said the link rail would have been completed but for misunderstanding with a Chinese contractor.