Afenifere Criticizes FG's $60B Railway Project, Questions Viability

Afenifere criticizes the Nigerian Federal Government's proposed $60 billion railway project, questioning its economic impact and feasibility. The project, disclosed by SGF Senator George Akume and Ministers Saidu Alkali and Gas Ekperikpe Ekpo, involves a partnership with China Liancai Petroleum Investment Holdings Limited and financing from the Asian Development Investment Bank.

Afenifere doubts the credibility of the project, highlighting concerns about the financial and technical viability, as well as the track record of the proposed contractor. The group questions the capacity of China Liancai Petroleum Investment Holdings, raising doubts about the project's success and impact on Nigeria's development.