Lagos Rail Expansion Faces a Key Test: Can It Reduce Traffic?

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Lagos State’s Blue and Red rail lines have yet to make a significant impact on traffic congestion across the wider city, as limited service frequency, restricted route coverage and weak integration with other transport services constrain their reach, transport researcher Tonami Playman has said.

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Nigeria has unveiled a new electricity-sector roadmap aimed at stabilising the national grid, expanding transmission capacity and attracting investment, with the government targeting improvements across three major economic corridors.

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Nigeria’s proposed $100 million South-East gas distribution pipeline project is targeting lower industrial energy costs and increased investment across Abia, Anambra, Ebonyi, Enugu and Imo states, with construction expected to begin in the first quarter of 2027.

Former Vice-President Atiku Abubakar has called on the Federal Government to disclose the projects, costs, contractors and repayment terms attached to its proposed $20.52 billion and €1.045 billion external borrowing plan before the National Assembly approves the request.

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The Central Bank of Nigeria (CBN) is offering ₦800 billion in Nigerian Treasury Bills (NTBs) as banks’ placements with the apex bank approach ₦7 trillion, highlighting the scale of liquidity circulating within the financial system and the government’s efforts to attract funds into domestic securities.

The Federal Government has approved a monthly transport allowance of ₦70,000 for public servants for six months, beginning in November 2026, as part of measures to address rising living costs and outstanding welfare commitments.