• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
Saturday, August 9, 2025
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
No Result
View All Result
Elanza News
Home Business

Building Bridges: Nigeria’s Vision for Railway Investment

Nathaniel Irobi by Nathaniel Irobi
June 13, 2025
in Business
0
Building Bridges: Nigeria’s Vision for Railway Investment
0
SHARES
6
VIEWS
FacebookTwitterWhatsappEmailTelegram

The Nigerian Minister of Transportation, Senator Said Ahmed Alkali, has urged Chinese and foreign investors to consider investing in the nation’s railway infrastructure.

Addressing attendees at the 16th International Infrastructure Investment and Construction Forum (IIICF) in Macao, China, the Minister outlined various lucrative investment opportunities, including power supply schemes, integrated security solutions, and real-time monitoring systems to ensure the safety and reliability of railway corridors.

RelatedPosts

Stock Market Sheds N516 Billion After Weeks of Bullish Rally

Naira Appreciates to N1,560 /$ in Parallel Market

Price of 5kg Cooking Gas Increased to N8,324 in June -NBS

Alkali showcased Nigeria’s dedication to sustainability, particularly through the retrofitting of locomotives for hybrid propulsion systems powered by Compressed Natural Gas (CNG).

“Infrastructure is not solely about tracks and trains,” he stated. “To achieve optimal functionality of our railway system, we require investments in dedicated power supply, integrated security solutions, and real-time monitoring systems. These sectors are ideal for private-sector involvement and public-private partnerships.”

He regarded China as a reliable partner and expressed hopes for a more profound collaboration that builds not just railways but also bridges of opportunity, peace, and shared progress. He invited global investors to see Nigeria as a strategic hub for African connectivity, rather than just a market, reinforcing the significance of empowering partnerships.

The Minister pointed to the Lagos–Kano Standard Gauge Railway Project as a prime example of successful cooperation with the China Civil Engineering Construction Company (CCECC). He highlighted significant achievements, such as the operational Abuja–Kaduna Railway Line and the completed Lagos–Ibadan Railway Line, which enhance trade and connectivity.

ALSO READ:  MTN, Oando, others lift stock market by N60bn

He underscored the necessity of completing the remaining Ibadan–Minna–Abuja segment of the Lagos–Kano corridor and called upon Chinese partners for both financial and technical support to realise this vital project, which promises to facilitate inter-regional trade and improve trans-African connectivity.

Additionally, the Minister shared that numerous feasibility studies have been completed, identifying several investment-ready opportunities that span critical agricultural and commercial zones, offering substantial returns for committed partners.

Tags: Railway
Nathaniel Irobi

Nathaniel Irobi

Related Posts

Stock Market Sheds N516 Billion After Weeks of Bullish Rally

Stock Market Sheds N516 Billion After Weeks of Bullish Rally

by Nathaniel Irobi
August 9, 2025
0

The Nigerian stock market closed the week on a negative note on Friday with key performance indicators dropping by 0.56...

Naira Appreciates to N1,560 /$ in Parallel Market

Naira Appreciates to N1,560 /$ in Parallel Market

by Nathaniel Irobi
August 1, 2025
0

The Naira today appreciated to N1,560 per dollar in the parallel market from N1,565 per dollar on Thursday. But the...

Price of 5kg Cooking Gas Increased to N8,324 in June -NBS

Price of 5kg Cooking Gas Increased to N8,324 in June -NBS

by Nathaniel Irobi
August 1, 2025
0

The National Bureau of Statistics (NBS) has reported an increase in the average prices of cooking gas and kerosene across...

Recommended

D’Tigress Arrive in Abuja After Afrobasket Win

D’Tigress Arrive in Abuja After Afrobasket Win

5 days ago
Reject ‘El-Rufai’s Political Comeback, Jagaba Urges Northern Minorities

Reject ‘El-Rufai’s Political Comeback, Jagaba Urges Northern Minorities

1 day ago

Popular News

  • Kaduna Baptist Church Donates N50,000 Each To 12 Muslims, 4 Retired Pastors

    Kaduna Baptist Church Donates N50,000 Each To 12 Muslims, 4 Retired Pastors

    0 shares
    Share 0 Tweet 0
  • Cross River State Triumphs at Prestigious All-women Interstate Debate

    0 shares
    Share 0 Tweet 0
  • BRGIE Acting Prime Minister Provides Explosive Testimony to U.S. Congress Calling For Release of Mazi Nnamdi Kanu & Simon Ekpa

    0 shares
    Share 0 Tweet 0
  • Haske: The Rise Of A New Movement

    0 shares
    Share 0 Tweet 0
  • Rahila Bags Presidential’s NYSC Honours Award For Community Service

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (756)
  • Education (221)
  • Entertainment (312)
  • Health (199)
  • National (2,283)
  • News (8,464)
  • Opinion (312)
  • Politics (1,671)
  • Science (15)
  • Security (406)
  • Sports (459)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform