General Electric

Senate Investigates Railway Concession Agreement

The Nigerian Senate has resolved to investigate the concession agreement between the Transportation Ministry and a US company, General Electric, which was intended to revive the country’s railways.

FEC Approves N30 Billion Fund for Mining Sector

In keeping with the diversification agenda of the present administration, the Federal Executive Council, FEC, has approved a N30 billion intervention fund for the Mining Sector.
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US Firm Offers To Invest $2 Billion In Nigerian Railways

A United States’ company, General Electric, GE, has expressed “keen interest” in acquiring a Nigeria railway concession project worth around $2 billion.

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