NEGF mulls establishing regional rail transport, power generation companies

  • 📰 DailyPostNGR
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 59%

Business News News

Business Business Latest News,Business Business Headlines

The North East Governors Forum (NEGF) said it is considering the establishment of an independent power generation company to cater for the electricity

NEGF chairman and Governor of Borno State Babagana Umara Zulum revealed this at the opening session of the forum’s 8th meeting in Maiduguri, the state capital.

He added that the forum is also considering the establishment of a railway transportation system to link states in the region for easy movement of goods and services. “Let me draw your attention to the recent amendment to the Constitution of the Federal Republic of Nigeria as amended which saw to the removal of power generation and railway transportation from exclusive list to concurrent list.

“It is therefore important for us in the North East to partner towards an independent power supply and rail transportation,” he said.The last meeting of the forum was held last year in Gombe State. The 8th meeting is attended by the governors of Adamawa, Borno, Bauchi, and Yobe while governors of Taraba and Gombe are represented by their deputies.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines