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NRC to Reactivate Nguru, Idogo Lines to Convey Farm Produce

NRC to Reactivate Nguru, Idogo Lines to Convey Farm Produce The Managing Director of the Nigerian Railway Corporation (NRC), Comrade Dr Kayode Opeifa, has assured that the corporation would leverage the success of the recently reactivated freight movement to open more routes for massive freight...

NRC Generates N1.70bn in Q3

NRC Generates N1.70bn in Q3 The Nigerian Railway Corporation (NRC) generated N1.70bn from passengers in the third quarter of 2024, an increase of 13.83% from the N1.49bn billion recorded in the same period last year. A report by the National Bureau of Statistics (NBS) said the...

Effective Rail Transportation in Nigeria Requires $66bn, Says NRC

Effective Rail Transportation in Nigeria Requires $66bn, Says NRC The Nigerian Railway Corporation (NRC) yesterday disclosed that Nigeria will require at least $66 billion to effectively deliver the much-needed rail infrastructure nationwide. The Managing Director of the NRC, Fidet Okhiria, who spoke on Channels Television, advised...

Railway Debt Servicing Surpasses Revenue in Q1 2024 by Over 2,000%

Railway Debt Servicing Surpasses Revenue in Q1 2024 by Over 2,000% Nigeria spent more on servicing the debt incurred for building its railways than the revenue generated by its railway system in the first quarter of 2024. The country spent 2,470% per cent more on railway...

NRC Generates N287m From Cargo Haulage In Three Months – NBS

NRC Generates N287m From Cargo Haulage In Three Months – NBS   The Nigerian Railway Corporation (NRC) earned N286.78m from cargo transported by rail in the third quarter of 2023, according to the National Bureau of Statistics. NBS in its latest rail transportation report stated that this...

FG Set to Relaunch Kano-Lagos Express Train Service

FG Set to Relaunch Kano-Lagos Express Train Service   The Nigeria Railway Corporation (NRC) is making plans to relaunch the Kano-Lagos express train service, known as the 2LL. According to a source in the Ministry of Transport, after extensive refurbishment and successful test runs, the rail link...