Friday, 20 March 2015

Adeboye

Nigeria Moves to Privatize Railway System

trains
Nigeria has made a move geared towards the long awaited revolutionary shake up in Nigeria’s antiquated railways system.
According to reports, a number of bills are now before the National Assembly, one of which passage is primed to see the entry of the private sector in the running, ownership and management of the country's railway system.

Mr. Benjamin Dikki, the Director General of the bureau of Public Enterprises lauded the move, citing successes in the banking, telecommunications industry as a good example of what privatization brings to the economy.

He says the bureau is working to ensure passage of other bills - roads authority bill, railway bill, port and habour bill, inland water ways bills; Roads fund bill; National transport commission bill, federal competition and consumer protection bill as well as postal bill. 

Other sectors to be privatized include: Inland waterways; Road Authority; Roads Funds; National Transport Commission; Ports & Harbour reform; Federal Competition and Consumer Protection and Postal services. 
 

Previous
Next Post
Adeboye

About Adeboye -

I am a trained journalist, reporter, social media expert, and blogger in Nigeria

Subscribe to this Blog via Email :