President Bola Tinubu has pledged to develop the nation’s infrastructure because the Federal Govt Council has authorised $3 billion to finish the Japanese Rail Venture.
Tinubu stated this throughout the sixty fifth Independence Day broadcast on Wednesday.
He stated his administration is increasing transport infrastructure throughout the nation, protecting rail, roads, airports, and seaports
In line with him, rail and water transport grew by over 40% and 27%, respectively.
The president additionally famous that the 284-kilometre Kano-Kastina-Maradi Normal Gauge rail undertaking and the Kaduna-Kano rail line are nearing completion.
“Work is progressing effectively on the legacy Lagos-Calabar Coastal Freeway and Sokoto-Badagry Freeway,” Tinubu added.
He said that the world is taking discover of his administration efforts, noting that “sovereign credit standing companies have upgraded their outlook for Nigeria, recognising our improved financial fundamentals.”
Tinubu additionally added that the nation’s inventory market is experiencing an unprecedented growth, rising from an all-share index of 55,000 factors in Might 2003 to 142,000 factors as of September 26, 2025.