A Bill for an Act to Repeal the Nigerian Railway Corporation Act (Cap. N129 Lfn 2004);to Provide for the Formation of Companies to Take Over the Functions, Assets, Liabilities and Staff of the Nigerian Railway Corporation; to Develop Competitive Railway Services; to Establish the Nigeria Railway Authority to Provide for the Licensing, Technical and Safety Regulation of the Railway Sector, to Provide the Framework for Private Sector Participation in the Provision of Rail Services and for Related Matters

Abstract

This Bill seeks to repeal the Nigerian Railway Corporation Act, (Cap. N129 LFN 2004), to provide for the establishment of the Nigeria Railway Authority, and to establish a framework for private sector participation in the provision of rail services as well as provide for the regulation of the railway sector.