Faye & Fraser Briefing Note

Faye & Fraser Briefing Note

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Faye & Fraser Briefing Note
Faye & Fraser Briefing Note
Nigerian Rail: Falling Off The Tracks

Nigerian Rail: Falling Off The Tracks

A deep and sober look at the stalled concessioning of Nigeria's dilapidated rail infrastructure

F Double
Feb 27, 2018
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In late 2015, the American powerhouse conglomerate, General Electric Inc. (GE), announced it had struck a landmark deal with the Indian government to supply US$2.6 billion of railway infrastructure and equipment over a ten year period. As part of the deal, GE committed to invest about US$200 million in new railway plants and warehouses across India. Thi…

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