The Nigerian Federal Government has allocated N41.49 billion for rail projects in the 2025 budget. Here’s a breakdown of how the funds will be utilized:
Completion of ongoing projects:
- Abuja-Kaduna railway project
- Lagos-Ibadan rail line and associated additional works
- Rehabilitation and construction:
- Itakpe-Ajaokuta rail line
- 12 station buildings
- Track-laying works at railway ancillary facilities in Agbor
Modernization and security:
- Design, manufacture, supply, and installation of rolling stock, spare parts, and maintenance equipment
- Installation of a signal and telecommunication system on the Itakpe-Ajaokuta-Warri railway line
- Installation of an acoustic sensing security surveillance system for the Abuja (Idu)-Kaduna route and other security gadgets
Feasibility studies and concessions:
- Completion of feasibility studies for new standard gauge rail lines
- Engagement of transaction advisors for the concession of the Abuja-Baro-Itakpe segment and the Kano-Maradi line
The Ministry of Transport will receive a total allocation of N256.73 billion in the 2025 budget, with N223.80 billion earmarked for capital expenditure.
Source: Nairametrics
