Rail passenger revenue grew by 19 percent, Quarter-on-Quarter, (QoQ)) to N1.69 billion in the second quarter of 2024 (Q2’24) from N1.42 billion in the first quarter of 2024 (Q1’24) The National Bureau of Statistics (NBS) disclosed this in its Rail Transportation report for Q2’24 released yesterday. The report also showed […]
Month: September 2024
There are strong indications that former Lagos State Transport Commissioner, Dr Kayode Opeifa has been tipped to be next Managing Director of the Nigerian Railway Corporation(NRC). Opeifa, a close confidant and loyalist of President Bola Ahmed Tinubu, is according to Nigerian presidency sources billed to be announced soon with a […]
Opeifa, a close confidant and loyalist of President Bola Ahmed Tinubu, is according to Nigerian presidency sources billed to be announced soon with a mandate to conduct a branch and root reform of the railway agency. President Tinubu is reported to have resolved to indeed unbundle the old corporation into […]
A transport and logistics expert, Dr Segun Musa, has called for a redirection of the focus of Nigerian railway from passenger movement to cargo movement. He said the Federal Government ought to have focused on cargo movement from the ports, which would have hugely impacted the economy. “Passenger services cannot […]
The West African country of Gabon has signed a contract with the operator of its only railway to begin the second phase of its modernisation. The deal was agreed by Christian Magni, director general of Société d’exploitation du Transgabonais (Setrag), and Loic Ndinga Moudouma, Gabon’s minister of transport. According to […]