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