Transportation: FG Mulls Unbundling Nigerian Railways For Optimal Performance

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IN a bid to make to make rail transport more efficient and the Nigerian Railways Corporation, NRC, operate at optimal level, Minister of Transportation, Mu’azu Sambo, has said that the federal government is considering the unbundling of NRC in line with the objectives of government’s current reforms in the transportation sector.

The minister said as presently constituted, NRC cannot operate optimally, thus making necessary reforms and unbundling imperative.

Sambo who was addressing the management team of the Ministry of Finance Incorporated (MOFI), led by the CEO, Dr. Armstrong Katang, charged MOFI to drive the unbundling of NRC to make it more economically viable while offering world class services to Nigerians.

The minister referred to the reforms implemented in the ports and the benefits they have brought, noting that such should be carried out in the railway sector.