Modern train at South African station highlights infrastructure development amid tariff discussions.
Nigeria’s long-anticipated $60 billion bullet train project has taken a major leap forward with proof of funds presented this week. The ambitious 4,000 km high-speed rail line, a decade in the making, is set to connect Lagos to Port Harcourt, strengthening links between Nigeria’s western and eastern corridors. Abuja-based De-Sadel Nigeria will oversee construction, backed by lead financier China Liancai Petroleum Investment Holdings. Officials say sections of the rail could open within three years, offering Nigerians a faster and cleaner alternative to the current transport infrastructure. De-Sadel also aims to convert existing diesel-powered trains to natural gas, with the government pledging to supply fuel for the project. If realized, the project could redefine mobility and commerce across Africa’s largest economy.
SEMAFOR