The Managing Director, Nigeria Railway Corporation, Mr. Fidet Okhiria, on Tuesday told the Senate Committee on Land Transport  that the corporation had yet to receive over N330m earmarked for its capital projects in the 2016 budget.

Okhiria said that the NRC was facing serious challenges that include lack of finance, obsolete machineries and workshop equipment.

He said, “Critical infrastructure has to be put in place to avoid falling back to the dark days of the corporation that brought about stoppage of train services through zero budgeting for the corporation.

“I want to appeal to the distinguished Senators and members of the House of Representatives to come to our assistance as the railway is critical to economic development.



“It has the capacity to bring down cost of production if sustained.

“We believe you have the capacity to ensure not only robust yearly allocation, but also prompt budgetary releases to accomplish set goals.”

He said that if the NRC was well-funded, it would support the country’s economic development, and ensure safe, efficient and cost effective transport services.

The managing director said that the NRC could make rail transport the backbone of land transportation in Nigeria.
http://punchng.com/nrc-yet-receive-n330m-2016-budget-allocation-md/

and they are talking of 2017 budget!!! corruption unlimited oya omenka, ngeneukwenu, obiage1i, Madridguy, sarrki come and do una job ooooh

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dem don use the money do MMM. Awon wayre 100%

i have never seen a people so stupid as Nigerians, we never learn from history. shebi una want change abi. i woudnt be suprised 2023 IBB go contest and pple go vote as usual. unlike in 1985 no coup can save nigerians from this man . most people have lost jobs, some are getting half salary, no more bonus and allowances hahahah

Buhari govt is nt trending anymore

Its nw mmm

So their recruitment is nos frozen like MMM till whenever

Jlee12:
Budget office is dead

plus is MANHOOD

What is N330 million for NRC?
For salaries or staff benefits?
What can that do for Nigerian railways?

WAT ELSE IS NEW.

330M

Is that not small


When you wanna diversify to Agric, you should also put logistics in mind, Agric without a good transportation system is ......

This government has lost focus and my support until the right things are done for the interest of the people!!!

A plea on behalf of the new speed trains, if Nigeria wants the new high speed train system to work, it should be concessioned to the private sector, anything run by government dies.

ok

When will our railways start making PROFIT and giving revenue to the government instead of collecting budget every year?
Is it not time to PRIVATISE it?

Even today December 13 2016?
When dem wan come get the money for use because I know say den go still budget another one for 2017.
Nigeria I hail thee

This is serious.

abeg FG come to our aid mbok

seguno2:
When will our railways start making PROFIT and giving revenue to the government instead of collecting budget every year?
Is it not time to PRIVATISE it?

as you can see they are not collecting anything, some people is collecting it on their behalf

This FG is a confuse one

The Railway commission ought to receive more than 330 million Naira in the yearly budget. More worrisome is not actually getting a hand on the paltry sum. PMB should have added to the success we had in the NRC as at 2015.

thieves

Dullard. PMB Economic team.

Every thing Buhari government inherited that benefits Nigerians it destroys the once resuscitated NRC in the last admin is now comatose , An ever improving INEC under the previous admin has gone 10 steps backward even Mmm that is helping Nigerians has entered pause mode Buhari is a curse....

The MD should stop lamenting and do the needful at budget office. Without settling those guys, you ain't going to get a single kobo of your capital allocation released to you. The corruption in capital allocation releases is second to none, I hope the president can do something about that budget office.