Business
Chartered Transporter Tasks FG On NRC Privatisation
A chartered transporter, Dr Basil Opara, has called on the Federal Government to ensure that the full privatization of the Nigerian Railway Corporation (NRC) does not drag for long.
He said that the full privatization of the railway and other facilities across the country will boost the country’s economic growth and development.
Opara, who made the call during a chat with The Tide in Port Harcourt, said that the idea of NRC privatization when implemented would resuscitate the dilapidated rail lines across the country.
He said the move would yield positive result, and cited the example of the telecommunications sector since 2001 as yielding positive result.
“The idea to privatise the railway sector is quite commendable because it will allow private investors, both local and foreigners to be stakeholders in transport.
Opara, who is a member of the Chartered Institute of Transport and Logistics (CITL), said that once the sector was privatized and it fell into good hands, there would be the tendency for good restructuring and maintenance by the new owners.
It would be recalled that the Federal Government had on May 7th 2015, directed the Bureau of Public Enterprises (BPE) to commence the privatization of the NRC and other railway facilities across the country.
Business
Fidelity Bank To Empower Women With Sustainable Entrepreneurship Skills, HAP2.0
Business
President Tinubu Approves Extension Ban On Raw Shea Nut Export
Business
Crisis Response: EU-project Delivers New Vet. Clinic To Katsina Govt.
-
Education5 days agoElga boss tasks law students on academics strides
-
News2 days agoAmend Constitution To Accommodate State Police, Tinubu Tells Senators
-
Politics2 days agoSenate Urges Tinubu To Sack CAC Boss
-
News1 day agoDisu Takes Over As New IGP …Declares Total War On Corruption, Impunity
-
Business2 days ago
President Tinubu Extends Raw Shea Nuts Export Ban To 2027
-
Business2 days ago
Crisis Response: EU-project Delivers New Vet. Clinic To Katsina Govt.
-
Business2 days agoPENGASSAN Rejects Presidential EO On Oil, Gas Revenue Remittance … Seeks PIA Review
-
Business2 days ago
President Tinubu Approves Extension Ban On Raw Shea Nut Export
