President Muhammadu Buhari on Wednesday approved the release of $1,959,744,723.71 for the construction of a rail line that would link Kano-Dutse-Katsina-Jibia in Nigeria to Maradi in Niger Republic.
This development has gathered a lot of criticisms as a lot of politicians have come out to lambast President Buhari and his government for making such approval at a critical time.
In a telephone interview with THE PUNCH, the National Publicity Secretary of the PDP, Kola Ologbindiyan, stated that Buhari’s regime has a very clear problem with how to place priorities.
“The problem of this regime is that it has never got its priorities right and at the end of the day, Nigerians are the ones who suffer from these poor choices by these people.
“Let’s even look at it from the point of view of the economy. What is the economic benefit of this project to Nigeria. The Nigerian economy, as it is today, is not in a state to contain this kind of wasteful spending.”
In the same vein, Deji Adeyanju, the Convener of the Concerned Nigerians Group has said that the project was simply a cover for the government to use and loot funds.
He added that the project wouldnt even improve the economy of the country.
“What is the Kaduna-Abuja rail project generating? Imagine we take a loan from China to construct rail line that passes through Katsina State to another country; for what purpose?” He asked.
Reacting to the news, Dr Sam Nzekwe, a former President of the Association of National Accountants of Nigeria, wondered if Niger would be funding the project as well, adding that the government ought to improve the infrastructure in Nigeria before embarking on such project.
“There is so much infrastructural deficit in Nigeria, and part of the reasons we are not having many investors in the country is lack of critical infrastructure.
“Government would have used more efforts to develop infrastructure in Nigeria.” He said.