The Federal Government has inaugurated an inter-agency technical committee to assess a proposed $200 billion Integrated Gas, Power and High-Speed Rail Project, signalling a cautious approach to one of Nigeria’s most ambitious infrastructure plans.
Secretary to the Government of the Federation, George Akume, inaugurated the panel in Abuja, urging members to conduct a thorough, objective and professional evaluation to guide government decision-making in the national interest.
The committee will review a proposal submitted by De-Sadel (Nig.) Limited in partnership with China Liancai Petroleum Investment Holdings Limited, which outlines a multi-phase project combining gas development, power generation and transmission, and a 4,000-kilometre high-speed rail network.
Akume emphasised that the scale and complexity of the project require rigorous scrutiny, noting that government must be satisfied with its technical viability, financial structure and regulatory compliance before proceeding.
He disclosed that inputs have already been received from security, financial intelligence and regulatory agencies, particularly regarding financing arrangements and the credibility of participating entities.
The proposed project aims to connect key economic corridors, including Lagos, Abuja, Kaduna, Kano and Port Harcourt, while boosting energy supply through integrated gas and power infrastructure.
If deemed viable, the government believes the initiative could significantly improve transportation, strengthen energy security, stimulate industrial growth and enhance national integration.
The committee, comprising representatives from key ministries and agencies, has been tasked with verifying proof of funds, assessing financial and sovereign risks, evaluating technical capacity, and advising on the project’s readiness for Federal Executive Council consideration.
