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NRC resumes freight services to port, removes 38-40-feet containers
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NRC Resumes Cargo Movement from Lagos to Kano, Kaduna Dry Port
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Nigerians are gradually being reintroduced to rail transport following the determination of the Federal Government to rebuild the country’s rail network and even construct new ones. Although past administrations since the restoration of democracy had attempted to revive Nigeria’s railways, whose decline symbolised the rot in the country’s infrastructure, President Muhammadu Buhari has set his administration apart from its predecessors with its achievements in the sector so far. It made railway modernisation its cardinal project and has not relented ever since. In 2018 the President projected that by the end of 2021, the country would have a standard gauge railway across the main North-South trading route.
Nigerians decry high fares
• Govt should consider social benefits LCCI
The commercial activities of the Lagos-Ibadan Rail Line struggled to a start on Monday. But its speed is being delayed by controversy over ‘elitist’ charges and concern about its commercial viability. There is also skepticism regarding its capacity to generate enough income to repay more than $1.5 billion in debt incurred on the project. x
This week’s inaugural commercial trip only amplified the viability question. It turned out that only one of the several thousands of Nigerians that daily ply the Ibadan-Lagos route was willing and able to buy a seat (at the cost range of N3, 000 and N6, 000) for the 100-kilometer trip in the hundreds-capacity passenger train.
• Govt should consider social benefits LCCI
The commercial activities of the Lagos-Ibadan Rail Line struggled to a start on Monday. But its speed is being delayed by controversy over ‘elitist’ charges and concern about its commercial viability. There is also skepticism regarding its capacity to generate enough income to repay more than $1.5 billion in debt incurred on the project.
This week’s inaugural commercial trip only amplified the viability question. It turned out that only one of the several thousands of Nigerians that daily ply the Ibadan-Lagos route was willing and able to buy a seat (at the cost range of N3, 000 and N6, 000) for the 100-kilometer trip in the hundreds-capacity passenger train.
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