Friday, 22 May 2015

Briefly: FG Begins Privatization of Nigerian Railways

The federal government has commenced the privatization of the Nigerian Railway Corporation. 

The National Council on Privatisation (NCP), a body saddled with responsibility of determining the social objectives of privatization and commercialization of Nigeria's public enterprises, has directed the Bureau of Public Enterprises (BPE) to commence the privatisation of NRC and other railway facilities across the country.

The government made the decision to prevent structure collapse and also promote economic growth.

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