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Nigerian Railway Generates N1bn Record Revenue in 2023 Q4 – NBS

Nigerian Railway Generates N1bn Record Revenue in 2023 Q4 - NBS According to the National Bureau of Statistics (NBS), the Nigerian Railway Corporation generated a record N1.07 billion in passenger revenue in the fourth quarter of 2023. The report showed that the figure decreased by 7.51...

We Shouldn’t Unbundle Railways, It Brings Disaster, by Is’haq Modibbo Kawu

We Shouldn't Unbundle Railways, It Brings Disaster, by Is'haq Modibbo Kawu The Nigerian Minister of Transportation, Mu'azu Jaji Sambo, was recently reported by the media as calling for the "unbundling of the Nigerian Railway Corporation (NRC)". Such a step, according to the Minister was "in...

700 Companies Push For N12bn Railway Projects – NRC

700 Companies Push For N12bn Railway Projects – NRC     The Nigerian Railway Corporation (NRC) has said that about 700 companies applied for its N12bn capital projects procurement. Speaking during the exercise in Lagos, the Director of procurement, NRC, Mr Benjamin Iloanusi, said that the bidding process...

NRC’s E-ticketing System Gets ICRC Nod

NRC’s E-ticketing System Gets ICRC Nod The move by the Nigerian Railway Corporation (NRC) to automate its ticketing system has reached the final stage with the Infrastructural Concession Regulatory Commission (ICRC) also approving the process, Daily Trust can report. It was learnt that the process, which...

Abuja-Kaduna Railway Monthly Revenue Increases By 400% – NRC

Abuja-Kaduna Railway Monthly Revenue Increases By 400% - NRC The monthly revenue generated from the Abuja-Kaduna train service has increased by over 400%, the Nigerian Railway Corporation announced on Tuesday. President Muhammadu Buhari inaugurated the Abuja-Kaduna commercial train operations on July 26, 2016, after the modernisation...

1,000 Indigenous Firms Apply For Railway Contracts In 2018 – NRC

1,000 Indigenous Firms Apply For Railway Contracts In 2018 - NRC At least 1,000 indigenous companies have submitted applications for various railway contracts in the 2018 fiscal year, the Nigerian Railway Corporation (NRC) has said. The contractors prospecting for different railway projects were unveiled on Wednesday during...