The Managing Director of the Nigerian Railway Corporation (NRC), Engineer Fidet Okhiria has said that multiple handling charges by seaport operators was the main reason why customers abandoned rail and moved their cargo by road. He also revealed that paucity of funds has also put the commencement of work on […]
The Nigeria Railway Corporation has concluded plans to launch night operations before the second quarter of 2024. The Managing Director of NRC, Fidet Okhiria, disclosed this during an interview with the News Agency of Nigeria on Monday. He started, “What is limiting us is the night operations, and that is […]
The Managing Director, Nigerian Railway Corporation, Mr. Fidet Okhiria, has said that the corporation will begin six train trips daily on the Standard Gauge Train across the board in 2024. Okhiria disclosed in an interview with the News Agency of Nigeria in Lagos State, on Monday. He said that the […]
Railway debt servicing cost exceeded revenue by 1,208.5 per cent in the first half of 2023, an analysis of debt service documents has shown. In the first half of 2023, the government spent $38.59m (N29.98bn at N777/$) on servicing debt for loans obtained to build the Nigeria Railway Modernisation Project […]
The European Rail Sector welcomes the conclusion on 18 December of Trilogue negotiations between EU institutions on the revision of the Trans-European Transport Network (TEN-T) Regulation. The Community of European Railway & Infrastructure Companies (CER) acknowledges the immense work and tireless commitment of the Rapporteurs, Shadow Rapporteurs, MEPs, and Council […]
The Nigerian Railway Corporation has announced the commencement of a free train ride on all its passenger services, following the directive of President Bola Tinubu. This was disclosed in a press release by the NRC saying it would commence free train services from Thursday, December 21, 2023, to Thursday, January […]
Finland’s state-owned railway company VR said on Thursday it had seized four trains that it co-owned through a joint venture with its Russian counterpart, Russian Railways (RZD), that used to travel between the two countries. The Russian government had neglected its financial obligations towards the Karelian Trains joint venture, VR […]
ALLRAIL welcomes such newcomers – they will bring more choice and more trains to a market that is chronically underserved.Heuro and other newcomers will be extremely good news for the Amsterdam-Brussels-Paris-London rail network. Indeed, in all countries where high-speed rail competition has been introduced, the fares for passengers have dropped […]
Enugu State government has resolved to partner with the federal government through the Nigerian Railway Corporation (NRC) and other stakeholders to construct a modern terminal and rail transportation to remodel the transport system in the state. Governor Peter Mbah disclosed the plan yesterday at the Government House, Enugu, when he […]
Tanzania Railways Corporation has announced plans to build a 1000km railway across the south of the country, between Lake Nyasa and the Indian Ocean. Business News Africa has reported that the railway will serve Dangote Cement’s local operations, as well as businesses in other industries. The project will cost US$5.6bn, […]