NRC budgets N40.4m for skilled recommendation, consultations

The Nigeria Railway Company has disclosed plans to spend N40.4 million on skilled advisory and consultancy providers throughout the 2026 monetary yr.

This was contained within the 2026 finances proposal not too long ago despatched to the Nationwide Meeting by President Bola Tinubu. The fund was tagged consultancy/skilled recommendation.

The full measurement of the NRC finances was N34,239,970,461 for the yr 2026. Repairs, procurement, and upkeep have been conspicuous objects within the finances. This might not be unconnected to the landmark accidents and incidents that formed the yr 2025.

One of many incidents occurred on 26 August, when a passenger practice en route from Abuja to Kaduna derailed within the morning, inflicting a number of coaches to overturn and sparking panic amongst passengers.

The PidomNigeria gathered that the incident that occurred alongside the favored hall shortly after the practice departed Abuja en path to Kaduna, induced passengers to flee for security, with many describing the scene as chaotic and scary.

Funds analysts additionally famous that the funding sample, as proven by the 2026 finances, displays a deliberate technique of consolidating current rail property, advancing city rail programs, and getting ready new corridors for personal sector participation, slightly than embarking on widespread new development.

The 2026 Appropriation Invoice additional signifies that the NRC will allocate N22.38bn to personnel prices, with salaries and wages projected at N16.09bn.

Additional evaluation by The PidomNigeria confirmed that the NRC’s capital spending is projected at N11.65bn, together with N5.97bn for the acquisition of mounted property and N4.19bn for the rehabilitation of basic mounted property.

Spending plans for 2026 point out that N1.18bn might be allotted to the procurement and rehabilitation of locomotives and rolling inventory for the standard-gauge rail, whereas N1.4bn is earmarked for diesel to energy vehicles and locomotives. An additional N1.91bn will go in direction of the procurement and rehabilitation of rolling inventory for the narrow-gauge community, alongside N1.4bn put aside for the rehabilitation of stations and different railway buildings.

By way of journey, the NRC is projected to spend N27m on native journey and transportation, with worldwide journey estimated at N13m. Further allocations embody N28m for the monitoring and analysis of programmes and initiatives; N350m for the rehabilitation of entry roads to stations, relaxation homes, workshops, chalets, and operational residential quarters; and N560m for observe rehabilitation, together with emergency restoration works, bridges, and culverts.

Different deliberate expenditures comprise N700m for the procurement of spare components, together with lubricants, for locomotives, coaches, and wagons; N350m for insurance coverage of locomotives and rolling inventory; and N490m for the acquisition of workshop gear and rolling inventory sorts. Additionally captured within the finances are N420m for the development of a station, platform, and cover at kilometre 31 on the Itakpe–Aladja rail line, in addition to N490m for ongoing environmental administration actions.