Turnaround Engineering News Today

Nigerian Railways Corporation picks five firms to submit technical and financial bids for e-ticketing on Lagos-Ibadan and Warri Itakpe Lines.

2 min read Nigeria’s transport ministry has turned down requests to make public details of its recent concession of the Kaduna-Abuja rail ticketing, amid concerns over the valuation of the deal. The government announced in January that a private company will manage the electronic ticketing of the Abuja-Kaduna line for 10 years. The company, SecureID Solutions, which developed the platform, paid N900 million and would run the platform for a decade to recoup its cost, authoritie...