By Rowland Ataguba In the Wealth of Nations, Adam Smith expounds the theory of the “Invisible Hand” which suggests that if every consumer is permitted to freely choose what to …
Railway
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BusinessUncategorized
$62.66m to service railway-related debts? It is heartbreaking – Ataguba
by Adminby AdminAfter it emerged that the Federal Government spent $62.66m to service railway-related debts in the first quarter of 2023, going by Nigeria’s external debt service payments report by the Debt…
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The Federal Government has declared free train rides for citizens from Dec.24 to Jan 4, 2022. Mr Fidet Okhiria, Managing Director, Nigeria Railway Corporation (NRC) disclosed this in an interview…
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Nigeria’s government is in talks with Standard Chartered Plc about arranging funding for two rail projects expected to cost as much as $14.4 billion, replacing earlier plans to source the…
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Business
Ibadan-Lagos-Kano-Maradi rail line to open up landlocked Niger Republic, boost trade, says Buhari
by editorby editorInauguration of Lagos – Ibadan commercial operations, another milestone in Nigeria’s railway revival, says President Buhari Release By Femi Adesina, Special Adviser to the President (Media & Publicity) President Buhari…
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BusinessNews
Three decades after, Buhari inaugurates 326km Itakpe-Ajaokuta-Warri rail line for commercial operation
by editorby editorRelease By Femi Adesina, Special Adviser to the President (Media & Publicity) After more than three decades delay, President Muhammadu Buhari Tuesday inaugurated the 326 KM Itakpe-Ajaokuta-Warri rail line for…
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Release We Borrow For Infrastructural Development – Minister By Segun Adeyemi, Special Assistant To The President (Media), Office of the Minister of Information and Culture The Minister of Information and…
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BusinessNews
Amaechi warns on National Assembly probe, though clause cedes country’s sovereignty; CUPP raises alarm
by editorby editorDespite a clause in a Chinese loan that ceded the sovereignty of Nigeria to China in the event of a loan default, Nigeria’s Minister of Transportation, Mr Rotimi Amaechi, is…
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President Muhammadu Buhari has approved the naming of railway stations along the Lagos – Ibadan corridor and others on the Itakpe /Ajaokuta /Aladja-Warri after some prominent citizens. In a statement…
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Features
(Opinion) Hon Amaechi, Let Project Managers Report Progress on Rail Projects
by editorby editorBy Jude Aghai Nigeria is doing a lot in the railway sector. The Minister of Transportation, Rotimi Amaechi is a very passionate political leader overseeing the sector. His passion for…