NRC Debt Servicing Hit N111bn, Generates N12bn – Report
The Federal Government has spent $247.98m (which amounts to N111.23bn using the Central Bank of Nigeria’s December 30, 2022, official exchange rate of N448.55) servicing railway debts in the last two years while making only N11.61bn...
Commercial Operations'll Commence On Lagos-Ibadan Railway In September – NRC
The transportation of passengers, goods and services on a commercial basis will commence on the Lagos-Ibadan railway between September and October this year, the Nigeria Railway Corporation has said.
It was also gathered from the NRC...
5 Years After, Multimillion Naira NRC Safe Train System Project stalls
After gulping N500 million and reaching over 50 per cent completion level, the Safe Train Control (STC) project of the Nigeria Railway Corporation (NRC) has been stalled, Daily Trust can report.
The STC is a...
