Business Hilights

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Nigerian Railway Corporation (NRC)

20 coaches for operations at Kaduna Inland Dry Port expected from NRC next month

More than two months after President Muhammadu Buhari commissioned Kaduna Inland Dry Port, activities had remained stagnant due to lack of train coaches. But relief is underway as the Nigerian Shippers’ Council (NSC) has revealed the Council is waiting for…

Contractors still out of site on PH-Maiduguri rail project due to Boko Haram

The managing director of Nigerian railway Corporation (NRC), Engineer Fidet Okhiria has explained why reconstruction activities are faster on the western flank of the country than the eastern axis. In an exclusive interview in Lagos with Business Hilights during stakeholders…

Experts see NRC’s N4.1bn revenue in 2017 as signal of improvement

Whereas the managing director of the Nigerian Railway Corporation (NRC), Mr. Fidet Okhiria on Wednesday decried that the Corporation only generated N4.12 billion out of targeted N4.85bn in 2017, industry observers have praised the effort of the management in hitting…

NRC plans 2-Day retreat to chart new future for Nigerian railway

All is now set for a two-day retreat by the Nigerian Railway Corporation (NRC) to set agenda for 2018 in making sure that all ongoing projects are pursued to their logical conclusion. Engineer Fidet Okhiria, Managing Director of Nigerian Railway…

RoW, gas pipelines hobbling December 2018 delivery of Lagos-Ibadan rail

Though the $1.5bn standard gauge railway line between Lagos and Ibadan project, whose groundbreaking ceremony was done last year by the Vice-President Yemi Osinbajo, then as acting president, is meant to be fully completed in December this year, indications have…

More questions trail poor results of massive investments in railway

Since the recent rail accident near Agege area of Lagos State where about nine passengers hanging atop the roof of the rail cabin were knocked down and killed, Nigerians are asking the real use of the multibillion naira pumped into…

Transport

Trucks’ gridlock may relocate to Ebute Meta as NRC begins lifting

There are palpable fears that in a bid to resolve the intractable Apapa gridlock caused by truckers lifting containers from seaports, the planned rail transit of containers to Ebute-Meta terminal may equally relocate traffic chaos to the formally sleepy axis…

Delayed Senate approval for $1.5bn loan holding back Lagos-Ibadan rail scheme

Had it been that the recent approval by the National Assembly for the government to go ahead and borrow $1.5bn for the delivery of the Lagos-Ibadan railway scheme, work would have gone far by now. This was the inference that…