• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Sectors

NRC promises rail sector reforms in Nigeria in five years 

Caleb Obiowo by Caleb Obiowo
March 5, 2025
in Sectors, Transportation
NRC promises rail sector reforms in Nigeria in five years 
Share on FacebookShare on TwitterShare on Linkedin

The Nigerian Railway Corporation (NRC) has announced a comprehensive reform plan aimed at transforming the country’s rail sector within the next five years, with a long-term vision of achieving global standards within this generation.

The Managing Director of NRC, Dr. Kayode Opeifa, made this known during a meeting with the Lagos Metropolitan Area Transport Authority (LAMATA) in Lagos on Tuesday, as reported by the News Agency of Nigeria (NAN).

Opeifa stated that the current administration is committed to transforming the nation’s rail infrastructure under its Renewed Hope Agenda.

RelatedStories

Niger govt, NRC in talks to revive rail lines, deploy tank wagons for fuel transport 

Niger govt, NRC in talks to revive rail lines, deploy tank wagons for fuel transport 

August 7, 2025
NRC generates N1.42 billion moving 675,293 passengers in Q1 2024

NRC denies vandalism on Lagos–Ibadan Standard Gauge, says corridor remains safe 

August 2, 2025

He emphasized that the government is working on a comprehensive railway master plan, which is expected to be unveiled in April, to drive the development of a world-class rail system.

“In the next five years, a lot of things will change in this country, and soon, Nigerians will be able to even enjoy a new generation rail system. In our generation, we shall be able to operate all modes of modern rail systems comparable to anywhere in the world,” Opeifa said.

However, Opeifa lamented Nigeria’s sluggish railway progress, noting that while 3,500 kilometers of tracks were built in 60 years, expansion stalled for another six decades. He assured that the current administration is committed to reversing this through prioritized investments and accelerated execution.

More insight 

He commended Lagos State’s progress with the Red and Blue Line rail projects, highlighting the success of the Blue Line, which has been running on electric power for two years. He described it as proof that large-scale rail transformation is achievable in Nigeria and that other states should follow suit.

He further disclosed that the corporation will focus on freight movement while collaborating with state governments to develop intra-city rail services.

According to him, the long-term vision is for all states to have functional rail systems operating round the clock to ease transportation challenges, boost economic growth, and reduce dependency on road transport.

What you should know 

The initial N49.74 trillion proposed 2025 budget allocated N41.49 billion to NRC-managed rail systems across the country.

  • This covered the completion of the Abuja-Kaduna and Lagos-Ibadan rail lines, rehabilitation of the Itakpe-Ajaokuta rail, construction of 12 station buildings, procurement of rolling stock, and track-laying at railway ancillary facilities in Agbor.
  • It also included funding for security upgrades, such as an acoustic surveillance system for the Abuja-Kaduna route, and feasibility studies for new standard gauge rail lines.
  • The allocation of N146.14 billion in counterpart funding for the Lagos Green Line Metro Rail Project, a 68km network connecting the Lekki Free Zone to Marina, was also contained in the initial proposed budget.

With the final approval of an increased budget of N54.99 trillion, some allocations in the budget proposal might increase. However, the extent of these adjustments remains unclear, as the updated breakdown has yet to be released to the public.


Follow us for Breaking News and Market Intelligence.
Tags: Dr. Kayode OpeifaLAMATANigerian Railway Corporation
Caleb Obiowo

Caleb Obiowo

Caleb Obiowo is a graduate of Urban and Regional Planning from the University of Uyo. At Nairametrics, he covers transport and logistics in Nigeria, along with real estate, construction, and aviation. He focuses on delivering clear, easy-to-understand stories and often digs deeper into industry issues through conversations with key players.

Related Posts

Niger govt, NRC in talks to revive rail lines, deploy tank wagons for fuel transport 
Sectors

Niger govt, NRC in talks to revive rail lines, deploy tank wagons for fuel transport 

August 7, 2025
NRC generates N1.42 billion moving 675,293 passengers in Q1 2024
Sectors

NRC denies vandalism on Lagos–Ibadan Standard Gauge, says corridor remains safe 

August 2, 2025
NRC generates N1.42 billion moving 675,293 passengers in Q1 2024
Sectors

Nigerian Railway Corporation suspends Warri-Itakpe train service over technical issues 

July 17, 2025
NRC generates N1.42 billion moving 675,293 passengers in Q1 2024
Sectors

NRC blames insecurity, vandalism for suspension of narrow gauge rail services in Kaduna, Niger 

July 11, 2025
NRC generates N1.42 billion moving 675,293 passengers in Q1 2024
Education

NRC partners five tertiary institutions to boost railway tech skills, reduce foreign training 

June 30, 2025
Lagos Govt receives three new train sets for Blue Line Rail 
Sectors

Lagos Govt receives three new train sets for Blue Line Rail 

June 5, 2025
Next Post
Sterling Bank 'denied' hoarding cash and Ardova announced plans to delist from the NGX

Nigerians lament as CBN's new ATM withdrawal charges take effect 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

otd
nairametrics
Emple
Palmpay
first bank








DUNS

Recent News

  • THE BOARDROOM 2025: The next generation economy
  • Naira breaks below N1,550/$ amid uptick in U.S dollar  
  • Elon Musk’s xAI sues Apple and OpenAI over alleged AI monopoly 

Follow us on social media:

Recent News

THE BOARDROOM 2025: The next generation economy

THE BOARDROOM 2025: The next generation economy

August 26, 2025
Naira sinks in black market, U.S dollar posts best month in 2025

Naira breaks below N1,550/$ amid uptick in U.S dollar  

August 26, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

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

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics