Diesel Price Hike Pushes NRC to Borrow, Threatens Train Operations

Dr. Kayode Opeifa, Managing Director of the Nigerian Railway Corporation, has warned that soaring diesel costs have made train operations almost impossible. He told staff at a recent town hall that the corporation is now borrowing heavily just to keep services running. Union leaders from the Nigerian Union of Railway Workers and the Senior Staff Workers Union attended the meeting and praised recent reforms. Opeifa assured workers that their welfare remains a priority but stressed the need for patience until finances improve. He also outlined plans for a modern Lagos–Abuja speed train corridor and a new headquarters in Lagos. The MD said the Human Resources Department has been directed to address all staff concerns and avoid any need for strike action.

Use The App To Win ₦1m

Stories are shared by community members. This article does not represent the official view of NaijaWorld — the author is solely responsible for its content.