Nigeria’s $60 Billion High-Speed Railway and Gas Project

Nigeria has confirmed $60 billion in financing for a groundbreaking high-speed railway linking Lagos, Abuja, Kano, and Port Harcourt with integrated gas infrastructure to transform the nation’s economy and connectivity. This is reported by the railway transport news portal Railway Supply.

Massive Investment in High-Speed Railway

Nigeria’s federal government partnered with De-Sadal Nigeria Limited and China Liancai Petroleum Investment Holdings Limited to launch a $60 billion transport and energy initiative. The project covers a 1,600-kilometer high-speed railway and a gas network powered by the country’s 210 trillion cubic feet of reserves.

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The first $55 billion phase will finish in 36 months, connecting six states and uniting Nigeria’s commercial, political, trade, and oil hubs. Because the railway relies on dedicated gas supply lines, it will also strengthen the energy sector and attract large-scale investment.

High-Speed Railway to Drive Jobs and Regional Growth

Officials expect the project to create thousands of direct jobs for engineers, builders, and project managers, while supporting indirect employment in logistics, manufacturing, hospitality, and catering. Permanent staff will be required for operations, ensuring ongoing economic benefits.

Authorities delivered the financing confirmation to Secretary to the Government of the Federation, Senator George Akume, and began rigorous verification. This due diligence safeguards investments of such magnitude and secures trust from international partners.

In parallel, the government approved a $1 billion light rail for Kano to reduce traffic congestion and improve urban mobility. Inspired by European and Asian systems, it aims to boost commerce and integrate Kano more closely into the national economy.

Source, photo: tell.ng

FAQ

What is Nigeria’s high-speed railway project?

It is a $60 billion initiative connecting Lagos, Abuja, Kano, and Port Harcourt with a 1,600-kilometer high-speed railway and integrated gas infrastructure.

How will the high-speed railway benefit Nigeria?

It will create jobs, boost trade, improve travel, and strengthen the energy sector, linking major economic hubs across the country.

When will the high-speed railway be completed?

The first phase is scheduled for completion within 36 months, connecting key cities and regions.

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