The Federal Government, in the N49.74 trillion proposed 2025 budget, has allocated N41.49 billion specifically for rail infrastructure and modernization projects.
For the 2025 fiscal year, the Ministry of Transport will receive a total allocation of N256.73 billion to support its initiatives. Of this amount, N223.80 billion is earmarked for capital expenditure, with N30,986,636,237 designated for personnel costs and N1,940,798,202 for overheads.
This information was obtained from the 2025 copy of the Federal Government’s Final Budget Proposal, which outlines plans for extensive infrastructure development.
Key rail-related projects under this allocation include the completion of the Abuja-Kaduna railway project, the Lagos-Ibadan rail line, and associated additional works, with specific funding indicated for each.
The budget also provides for the rehabilitation of the Itakpe-Ajaokuta rail line, the construction of 12 station buildings, and track-laying works at railway ancillary facilities in Agbor.