Sign in
Download Opera News App

 

 

Cargo Train: Movement Of Cargo By Train To Kano & Kaduna Is A Huge Economic Win For Nigeria

As a major landmark breakthrough in the quest by the Buhari administration to expand and stabilize the Nigerian economy, the Nigerian Railway Corporation (NRC) has commenced the movement of cargoes from Lagos to Kano and the Kaduna Dry Port.

File Photo: Cargo Train

This was made known to the public by the authorities of the NRC on Tuesday, October 19, 2021, who further revealed that 40 containers of assorted goods ordered by certain entrepreneurs were moved in the first instance to the North by rail with a similar number returning to Lagos with some other goods from the North as well. And owing to the success of this trial run, full-fledged container trade by rail has commenced in earnest.


With this development, therefore, and with the disclosure that the entrepreneurs paid about less than half of the usual cost of moving those large consignments by trucks on the road, it is expected that this will result in a great reduction of the cost of goods in our markets, thereby positively affecting the economy, and which is exactly what the Buhari administration envisioned when it embarked on its massive railway projects across the country.

Content created and supplied by: Mrliman (via Opera News )

Cargo Train Kano NRC Nigeria Nigerian Railway Corporation

COMMENTS

Load app to read more comments