General Electric Enters Nigerian Politics

***Opposition Blames Ruling party for GE pull out from Railway Concession

The opposition Peoples Democratic Party (PDP) says the Muhammadu Buhari Presidency has caused the nation another huge economic setback following the withdrawal of General Electric (GE) from a $2.8 billion railway concession deal due to the harsh economic policies of his administration.

GE had explained that her exiting of transport business necessitated the pullout from the concession.

PDP further notes that with the withdrawal of GE and the continued exiting, from our nation, of other huge foreign investors, due to unabated unfriendly polices, the Buhari Presidency has cost Nigerians the much needed commercial and employment opportunities and further frustrated the development of the nation.

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