In a landmark move to revolutionize Nigeria’s transportation and energy sectors, the Federal Government, in partnership with De-Sadal Nigeria Limited and China Liancai Petroleum Investment Holdings Limited, has secured a $60 billion investment for a mega gas and high-speed rail infrastructure project.
Project Overview
The deal, finalized after months of negotiations, will see the construction of a 4,000-kilometre high-speed rail network connecting major economic hubs, including:
- Lagos (Nigeria’s commercial capital)
- Abuja (Federal Capital Territory)
- Kano (Northern trade epicentre)
- Port Harcourt (South-South industrial hub)
Alongside the rail project, the agreement includes large-scale gas infrastructure development, positioning Nigeria as a key player in the global energy transition.
Government & Investor Statements
The Minister of Transportation, Alhaji Mu’azu Sambo, described the project as a “game-changer for Nigeria’s economy,” emphasizing its potential to boost trade, create jobs, and enhance regional connectivity.
A spokesperson for China Liancai Petroleum Investment Holdings Limited confirmed the deal, stating:
“We are committed to delivering world-class infrastructure that aligns with Nigeria’s vision for sustainable development.”
Economic & Social Impact
- Job Creation: Over 500,000 direct and indirect jobs expected during construction and operation.
- Reduced Travel Time: The bullet train will cut travel time between Lagos and Abuja from 12+ hours by road to under 3 hours.
- Gas Infrastructure Boost: Expansion of Nigeria’s gas supply chain to support industrialization and cleaner energy.
