Business
Collapsed Bridge Hinders Resumption Of Train Services – NRC
The Nigeria Railway Corporation (NRC) said on Saturday that the collapse of the a railway bridge in Minna, had stalled the movement of goods and passenger services train from Lagos to Kano.
The Managing Director of the corporation Mr Adeseyi Sijuade disclosed this when the Minister of Information, Mr Labaran Maku, led the Good Governance Team on a visit to the area.
The team visited the completed project site of the two railway bridges that were washed away by flood three years ago.
Sijuade said that the two collapsed railway bridges at Akere,had now been completed and certified by the government inspector of railway.
“The good news is that it was earlier this week that the government inspector of railway certified the completion of the Akere Bridge.
“Starting from next week, we will introduce our goods and passenger services train from Lagos to Zungeru.
According to him, trains currently move from Minna to Kano.
He, however, said that the current problem was the collapsed bridge at Minna.
“The problem now is a collapsed railway bridge at Minna which is being addressed.
“Once it is done in the next three weeks, trains can now move from Lagos to Kano,’’
Responding, Maku said that the visit had shown that the Federal Government was sincere in its promise of reviving the rail transport system in order to ease pressure on the roads and boost economic activities in the country.
“What we did today was a demonstration ride to confirm to Nigerians that the rehabilitation of the railway has moved from Lagos to Zungeru in Niger State.
“It means that we can now move our goods and services regularly from Lagos to Zungeru due to the completion of the rehabilitation of Akere bridge,’’ he said.
The minister expressed optimism that by the end of November, the rehabilitation work would be completed between Zungeru and Minna, to enable trains to move directly from Lagos to Kano.
Also speaking, Malam Mohammed Garba, the National President of the NUJ, commended the Federal Government for reviving the rail transport to ease pressure on the roads, thereby boosting economic activities in the country.
“The NUJ strongly believes that if there is one area where Mr President is doing well, it is in the area of rail transport.
“We are really impressed with the high quality job,” Garba said.
Transport
Nigeria Rates 7th For Visa Application To France —–Schengen Visa
Transport
West Zone Aviation: Adibade Olaleye Sets For NANTA President
Business
Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
-
Niger Delta3 days agoPDP Declares Edo Airline’s Plan As Misplaced Priority
-
Sports3 days agoSimba open Nwabali talks
-
Nation3 days agoHoS Hails Fubara Over Provision of Accommodation for Permanent Secretaries
-
Niger Delta3 days ago
Stakeholders Task INC Aspirants On Dev … As ELECO Promises Transparent, Credible Polls
-
Niger Delta3 days ago
Students Protest Non-indigene Appointment As Rector in C’River
-
News5 days agoDon Lauds RSG, NECA On Job Fair
-
Oil & Energy3 days agoNUPRC Unveils Three-pillar Transformative Vision, Pledges Efficiency, Partnership
-
Rivers3 days ago
Fubara Restates Continued Support For NYSC In Rivers
