Industry & Money

Nigeria Courts Global Investors for Rail, Power, Others

Minister of Transportation, Said Alkali, has made a pitch to Chinese and international investors, urging them to seize investment opportunities in the country’s railway infrastructure.

He said oppourtunities abound particularly in power supply systems, integrated security solutions, and real-time monitoring technologies to enhance rail corridor safety and service reliability.

Speaking at the 16th International Infrastructure Investment and Construction Forum (IIICF) in Macao, China, the minister highlighted the country’s renewed drive for modern, secure, and sustainable rail transport, underpinned by strong international partnerships.

“Infrastructure is not just about tracks and trains. For our railway system to function optimally, there is a need for investments in dedicated power supply schemes, integrated security solutions, and real-time monitoring systems to secure the corridors and ensure reliable service delivery. These are areas ripe for private sector participation and public-private partnerships,” he said.

The minister emphasized Nigeria’s commitment to sustainability, noting that the country is already retrofitting its locomotives to accommodate hybrid propulsion systems powered by Compressed Natural Gas (CNG).

He lauded China as “a trusted friend and partner,” adding that Nigeria is seeking deeper collaboration with the Asian giant “to build not just railways, but bridges of opportunity, peace, and shared progress.”

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