The railways’ ambitious New Delhi station redevelopment project has been derailed once again with the bidding process getting cancelled. This is the third time when the bidding for this project has been cancelled. The railways has also decided to discharge the bidding process for the Ahmedabad station redevelopment project. The […]
1. My attention and the entire Board’s have been drawn to a publication in some National dailies of the purported signing of a Memorandum of Understanding (MOU) between a US firm, “Atlanta Global Resources Inc.” and the NDDC, whose Board I chair, for the “construction of a mega rail project […]
Lauretta Onochie, the chairperson of the Niger Delta Development Commission (NDDC) board, has distanced herself from a $15billion memorandum of understanding (MOU) between the management of the commission and a United States-based firm, Atlanta Global Resources Inc. The multi-billion deal which was purportedly signed on Tuesday, is meant for the […]
The University of Mines and Technology (UMaT) in Tarkwa in the Western Region, has awarded the New Patriotic Party’s (NPP) Presidential candidate Aspirant for the 2024 presidential election, Hon. Joe Ghartey, with an Honorary Doctorate Degree. UMat presented the coveted award to Hon. Ghartey in recognition of his sterling role […]
The Federal Executive Council (FEC) has approved 984. 7 million dollars for the procurement of maintenance equipment for the Nigeria Railway Corporation (NRC). FEC also approved N5billion for the provision of accommodation to the staff of National Drug Law Enforcement Agency (NDLEA) Minister of Transportation, Mu’azu Sambo and the Attorney-General […]
Nigerian Railway Corporation (NRC) has announced 25 per cent increase in fare in the Mass Transit Train Service (MTTS), from Kajola/Ijoko in Ogun State to Iddo in Lagos State. The new rate, which came into effect on Tuesday, resulted in the fare being increased from N460.00 to N700.00. The new […]
About N495m has been approved by the Federal Executive Council for the procurement and installation of luggage scanners at railway stations located in Abuja, Kaduna and Kano states. Ademola Adegoroye, the Minister of State for Transportation, who made the declaration on Wednesday after the Federal Executive Council meeting, explained that […]
● We Must Learn from Unbundling of Power Sector-Ataguba The Federal Government of Nigeria has resumed activities towards unbundling of the Nigerian Railway Corporation (NRC) into three components namely a regulator, asset manager/infraco and operations companies. The Federal Government committee set up by the former Minister of Transportation has as […]
China’s investment in its Belt and Road Initiative (BRI) held steady at $68bn last year, according to a report by Shanghai’s Fudan University, but it has changed where it’s spending its money on infrastructure. Some 14 countries saw a 100% drop in engagement, including Russia, Sri Lanka, and Peru, which were affected […]
Britain will accelerate reforming its underperforming railways, transport minister Mark Harper said on Tuesday, banking on a fresh injection of private sector competition to improve service standards and make ticket pricing fairer. Britain privatised its railways in the 1990s, splitting infrastructure management from service provision, which complicated long-term investment decisions […]