Federal Government Announces Major Growth in Rail and Water Transport

President Bola Tinubu has announced that the Federal Government recorded a significant 40% growth in rail transport and a 27% expansion in water transport over the past 28 months, underscoring a strategic shift towards a multi-modal transportation system.

In his Independence Day goodwill message, the President attributed this progress to sustained investments in critical infrastructure, noting that the administration is actively expanding networks across rail, roads, airports, and seaports.

Key projects highlighted include the nearing completion of the Kano-Kastina-Maradi and Kaduna-Kano rail lines, alongside ongoing work on the Lagos-Calabar Coastal Highway and the Sokoto-Badagry Highway. Furthermore, the Federal Executive Council has approved three billion dollars to complete the Eastern Rail Project.

President Tinubu also outlined notable economic milestones, citing a 4.23% GDP growth in the second quarter of 2025 – Nigeria’s fastest pace in four years. He reported a decline in inflation to 20.12% in August, a record increase in non-oil revenue, and a strengthened foreign reserve position of $42.03 billion as of September 2025.

While acknowledging the temporary hardships caused by recent reforms, the President asserted that the macroeconomic progress validates the government’s policy direction. He emphasized that the ultimate measure of success will be tangible improvements in food security, education, power supply, and national security for all Nigerians.