• Contact Us
  • About Us
Tuesday, May 26, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

No worker will be sacked in NRC concession — MD

metro by metro
December 5, 2018
in News
0
0
SHARES
0
VIEWS

Mr Fidet  Okhiria, Managing Director, Nigerian Railway Corporation (NRC), has assured that no  staff of  the corporation would be retrenched under its  “concession” arrangement.

Okhiria gave the assurance on Wednesday at the NRC’s quarterly meeting held  in Lagos to facilitate interaction between the management and  the workforce.
“The concession will not affect our workforce, we will not downsize because such development is not in the arrangement.
“The whole process will follow the due process and nobody will be affected because we are still negotiating,’’ he said.
According to him, the discussion on the concession is going on between South African transport utility Transnet and NRC.

Read Also

ADC Says Judgment On INEC Timetable Will Push Many Out Of APC

US, Iran Still At Odds On key Issues, Rubio Still Hopeful

Hope For Candidates Seeking Defections As Court Voids INEC Guidelines For 2027 Primaries, Senate, Commission Under Scrutiny

“Well, through the agreement we are expecting to see a better rail services, an up and doing railway industry in Nigeria because they are expecting to raise $2.7 billion investment on the narrow gauge.

“And government itself even says we must give people employment and when the train services are expanded, more people will be engaged and spare parts will be manufactured locally.

“Don’t forget that the minister (of Transportation ) had said that for concessioning to take place they must have an assembling plant and higher institution to train railway personnel,’’ he said.

In her remarks, Mrs Anthonia Adara, NRC Acting Director oAdministration and Human Resources,  urged the workers to work hard in running of the affairs of the corporation.
Adara said that the quarterly meeting was established for the management  to avail the staff members  to air their views on  some burning issues.
The News Agency of Nigeria (NAN) reports that Okhiria had said that NRC needed partnership  with concessionaires to  improve it’s rolling stock.

The federal government on May 24, 2017, entered into agreement with General Electric for the narrow gauge railway concession in Nigeria.
GE was to invest $700 dollars  on infrastructure with $2 billion on operation and maintenance.

GE, however, abandoned the deal, saying it had stopped the transportation section of its business.

Tags: NRC
Previous Post

NDIC pledges continuous collaboration with CBN for effective supervision of banks

Next Post

Allison-Madueke: We’ll comply with court order-Magu

Related Posts

BREAKING: David Mark-Led ADC Leadership Restored As Supreme Court Voids ‘Status Quo Ante Bellum’ Order 
News

ADC Says Judgment On INEC Timetable Will Push Many Out Of APC

May 22, 2026
US, Iran Still At Odds On key Issues, Rubio Still Hopeful
News

US, Iran Still At Odds On key Issues, Rubio Still Hopeful

May 22, 2026
Federal High Court Reverses Ratification Of Joyce Oduah’s Suspension As NBA Secretary General
News

Hope For Candidates Seeking Defections As Court Voids INEC Guidelines For 2027 Primaries, Senate, Commission Under Scrutiny

May 22, 2026
Patriots Raise Concern Over Rising Insecurity, Poverty Ahead Of 2027 Elections 
News

Patriots Raise Concern Over Rising Insecurity, Poverty Ahead Of 2027 Elections 

May 22, 2026
Next Post

Allison-Madueke: We’ll comply with court order-Magu

AFRICA IS NOT WAITING

May 25, 2026
Equip Auto SAS France Expands Into  SSA With Launch Of Equip Auto Côte d’Ivoire Expo 

Equip Auto SAS France Expands Into  SSA With Launch Of Equip Auto Côte d’Ivoire Expo 

May 25, 2026
Trump Swears In Warsh To Lead US Federal Reserve

Trump Swears In Warsh To Lead US Federal Reserve

May 22, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version