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.
A United States’ company, General Electric, GE, has expressed “keen interest” in acquiring a Nigeria railway concession project worth around $2 billion.
The federal government on Friday inaugurated a ‘Steering Committee’ that will handle the concession of the eastern and western lines of the Nigeria’s Railways.