FG inaugurates committee on multi-billion-dollar gas, power, rail Projects
The federal government has inaugurated a high-powered technical committee to evaluate and fast-track the proposed integrated gas, power, and high-speed rail project. The inauguration, which took place at the Conference
The federal government has inaugurated a high-powered technical committee to evaluate and fast-track the proposed integrated gas, power, and high-speed rail project.
The inauguration, which took place at the Conference Room of the Office of the Secretary to the Government of the Federation (SGF), Shehu Shagari Complex, Abuja, was performed by the SGF, George Akume.
The project, being promoted by De-Sadel Nigeria Limited, is widely regarded as one of the most visionary private-sector-driven infrastructure initiatives in Nigeria and West Africa, combining gas monetisation, power generation, high-speed rail, digital infrastructure, and real estate development under a 40-year renewable concession framework.
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Speaking at the event, Akume explained the strategic economic importance of the initiative, describing it as a catalyst for industrial growth, job creation, and energy security.
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He noted that the FG is committed to supporting credible investments capable of unlocking value across key sectors of the economy.
He reiterated the Federal Government's readiness to deepen partnerships with private investors, noting that projects of this scale are critical to closing Nigeria’s infrastructure gap, enhancing productivity, and driving long-term economic growth.
In his words, “This project aligns with our national priorities of economic growth, energy sufficiency, and modern transport infrastructure. The committee has been carefully constituted to ensure a comprehensive and objective evaluation."
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He further charged members of the committee to deliver within a strict timeline, adding: “You are expected to submit your findings and recommendations within six weeks, in line with the Federal Government’s commitment to timely and efficient decision-making.”
In his presentation, the President/Chief Executive Officer of De-Sadel Nigeria Limited, Samuel Uko, outlined the project’s financing model and projected impact, stressing that the initiative would stimulate large-scale employment, enhance infrastructure connectivity, and accelerate industrialization.
He said the integrated nature of the project could significantly reduce logistics costs, improve power supply to industrial clusters, and open up new corridors for trade and investment, thereby strengthening Nigeria’s position as a regional economic hub.
According to him, the project is backed by proof of funds and designed to leverage private capital to deliver sustainable infrastructure without imposing undue fiscal pressure on government resources.
The Technical Committee, chaired by a Director in the Office of the Permanent Secretary (Political and Economic Affairs), comprises representatives from key Ministries, Departments and Agencies, including the Central Bank of Nigeria, Nigerian National Petroleum Company Limited, Federal Ministry of Transport, Infrastructure and Concession Regulatory Commission, Debt Management Office, Nigerian Electricity Regulatory Commission, and Nigerian Communications Commission, Federal Ministry of Petroleum Resources (Oil and Gas) among others.
Also represented are the Nigeria Governors’ Forum, Nigerian Financial Intelligence Unit, and the Office of the Surveyor-General of the Federation, alongside nominees of the project promoters.
