RAILWAY

FG completes 63km Port Harcourt-Aba railway project — MD

The Federal Government announced on Wednesday that it has completed the 63-kilometre Port Harcourt-Aba railway project. The Port Harcourt-Aba project is part of the larger Port Harcourt-Maiduguri railroad project initiated by the administration of President Muhammadu Buhari. Managing Director of…

Railway debt servicing gulps N246bn

The Federal Government spent $548.67million (N246.11billion using the official exchange rate of N448.55 to a dollar by the Central Bank of Nigeria) to service railway-related debts between 2016 and 2022, according to Nigeria’s external debt service payments reports by the…