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FG approves N34.2bn for railway projects, expenditures in 2026
By Lucy Emenike
Published on 19/01/2026 09:54
News

The Federal Government has approved N34,239,970,461 billion for the Nigerian Railway Corporation (NRC) projects and expenditures for the year 2026.

According to data sourced from the 2026 Appropriation Bill, the NRC is to spend N22,383,880,809 billion on Personnel Cost for the year 2026, while salary and wages are expected to gulp N16,091,839,604 billion for the year under review.

Further checks also revealed that the NRC’s capital expenditure will amount to N11,654,971,641 billion, while the corporation will spend N5,966,263,906 billion on Fixed Asset Purchases and N4,190,707,735 billion on the rehabilitation of general fixed assets.

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