Nigeria's NRC seeks EU investment to decarbonise railways with green tech and renewable energy
guardian.ngThe Nigerian Railway Corporation is asking the European Union and private investors to fund a major push to decarbonise the country's rail network. Managing Director Kayode Opeifa made the case at the Nigeria-EU Business Forum, arguing that expanding railways will cut carbon emissions, reduce highway congestion, and lower logistics costs. He pointed to the EU's Global Gateway initiative as a potential source of partnership for green technologies, renewable energy integration, and digital rail systems. Opeifa framed rail investment as essential for meeting Nigeria's climate commitments and national development goals. The NRC wants support for modernising infrastructure, improving freight services, and attracting private capital through sustainable investment models. No specific funding targets or project timelines were mentioned. The pitch leans heavily on broad benefits like job creation and regional connectivity without detailing how the EU's money would be deployed or what returns investors could expect.