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Nigeria unveils $60B natural gas-powered high-speed rail plan to boost connectivity, jobs, and regional trade.
Vice President Kashim Shettima stressed the importance of reviving Nigeria's rail system to maintain its status as Africa's logistics hub, highlighting the Tinubu administration's push for modernization and nationwide connectivity.
Speaking at the 2nd International Railway Conference in Abuja, he called for collaboration among stakeholders to unlock the sector's potential, emphasizing safer, cheaper, and greener transportation.
Nigeria unveiled a $60 billion plan to power a high-speed rail network with natural gas, generating 8,500 MW and creating 2 million jobs.
The project aims to boost industrialization, reduce road congestion, support AfCFTA integration, and position Nigeria as West and Central Africa’s transport backbone.
Nigeria revela un plan de tren de alta velocidad impulsado por gas natural de $ 60B para impulsar la conectividad, el empleo y el comercio regional.