In the proposed 2025 budget of N49.74 trillion, the Federal Government has allocated N41.49 billion specifically for rail infrastructure and modernization projects.
The Ministry of Transport is set to receive a total of N256.73 billion to support its initiatives. Of this amount, N223.80 billion is earmarked for capital expenditure, with N30.99 billion designated for personnel costs and N1.94 billion for overheads.
Key rail-related projects under this allocation include the completion of the Abuja-Kaduna railway project, the Lagos-Ibadan rail line, and associated additional works. The budget also provides for the rehabilitation of the Itakpe-Ajaokuta rail line, the construction of 12 station buildings, and track-laying works at railway ancillary facilities in Agbor.
This investment underscores the government’s commitment to enhancing the nation’s rail infrastructure, aiming to improve transportation efficiency and stimulate economic growth.
