Nigeria Daily: Nigeria to Lose over 25 Million Naira Daily

Download here The Nigerian Railway Corporation has suspended its activities due to what it termed vandalization of its rail track. Every day, rail transportation in…

Old Naira notes

Bilkisu Ahmed

Fri, 22 Oct 2021 6:00:41 WAT

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The Nigerian Railway Corporation has suspended its activities due to what it termed vandalization of its rail track.
Every day, rail transportation in the Abuja-Kaduna corridor alone generates about 25Million Naira for the Federal Government.

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With over 25 million being lost daily in addition to a cut in economic activities around the railway until the services resume, what is the financial and security implication of this on the Nigerian economy?

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