Nigeria Union of Railway Workers, NUR, yesterday, in Lagos, pleaded with the Federal Government to review the process of the planned concessioning of the nation’s rail transport industry with a view to saving the nation from another failed concession.
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The Federal Government Wednesday handed over the letter of award appointing General Electric (GE) as the concessionaire for two narrow gauge rail lines in the country, after the company’s emergence as the preferred bidder for concessions.
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The Federal Government said yesterday that American company, General Electric (GE) would take over the management of the Nigeria Railway Corporation (NRC) under a concession plan between January and March 2017. Minister of Transportation, Rotimi Chibuike Amaechi, who made this known yesterday in Abuja while speaking at the first International Transportation Conference, said that the 18-month window period before the […]
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As part of efforts to boost revenue, the federal government has been advised to concession major highways and railway lines in the country to both local and foreign private sector investors. Analysts at FSDH Merchant Bank Limited gave the advice in their latest monthly economic report. They also stressed the need for the federal government to involve the private sector […]
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The Minister of Transportation, Mr Chibuike Amaechi, said on Friday that the Federal Government would in February, 2017 consider approval for the concessioning of the Eastern and Western rail lines. Amaechi stated this to State House correspondents after Vice-President Yemi Osinbajo inaugurated a steering committee for the concessioning of the Eastern and Western rail lines at the Presidential Villa.
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The Federal Government on Friday constituted a 20-member steering committee on the concessioning of the Eastern and Western lines of the Nigeria Railways. The move is said to be aimed at spurring a transformation of the railway infrastructure in the country. Vice-President Yemi Osinbajo inaugurated the committee headed by the Minister of Transportation, Mr. Rotimi Amaechi, at the Presidential Villa, […]
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