FG: Why GE Pulled out of Railway Concession, Overhaul Deal - THISDAYLIVE

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Breaking: FG: Why GE Pulled out of Railway Concession, Overhaul Deal breaking thisdaylive

 

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The minister has explained on Arisenews that there was no pullout just change of ownership

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Why GE withdrew from $2.7bn rail deal—NRC - Vanguard News NigeriaLagos—Nigerian Railway Cooperation, NRC, said weekend that General Electric, GE, withdrew from the $2.7 billion railway concession deal because it has stopped the transportation section of its business, and not due to harsh economic policies.
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NRC: Why GE Withdrew from $2.7bn Rail Concession Deal - THISDAYLIVEContrary to the impression that General Electric (GE) withdrew from the $2.7 billion railway concession deal due to the harsh economy policies in Nigeria, the Nigerian Railway Cooperation (NRC) has said the foreign firm abandoned the deal because it has stopped the transportation section of its business. The Managing Director of NRC, Mr. Fidet Okhiria, … simply another lie, big fat lie, shameless lie.....
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