Business

NRC to Resume Cattle Movement by Train

  • NRC to Resume Cattle Movement by Train

There are indications that the Nigerian Railway Corporation will resume the movement of cattle by train from the North to Lagos any time soon.

Since the cattle train was launched in September last year, about five trips had been undertaken with about 2,500 cows reportedly transported from the North to Lagos.

The train operation was suspended recently following some technical hitches, which made some cattle dealers to threaten to back out.

But the technical partner to the project, Connect Rail Service, said on Saturday that the matter was being resolved to pave the way for the return of the cattle train service.

The Chief Executive Officer, Connect Rail Service, Mr. Edeme Kelikume, said at a press conference in Lagos that the firm was meeting with all parties involved in the operation to hasten the resolution of the issue.

He insisted that the project had not been stopped, contrary to insinuations in some parts of the country.

He said neither the Federal Government nor any of its agencies involved in the operation had suspended the exercise, which he described as a laudable project recorded by the President Muhammadu Buhari administration.

Kelikume, while responding to the reported misgivings by some cattle dealers on the project, admitted that there was a minor technical hitch.

He said that lack of communication aggravated the problem, which prompted the cattle dealers to kick against the project.

Ahead of the resumption of the cattle train service, he said arrangements were being made to put veterinary doctors in each train to attend to the cows, just as he said the Nigerian Incentive Based Risk Sharing for Agricultural Lending would ensure adequate insurance package for the operation.

He said the hitches were not unexpected since the haulage operation of cattle by rail had never been done in the last 30 years.

“Efforts are being made to perfect those hitches to ensure sustainable and smooth operations of the cattle by rail initiative,” he said.

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

Share
Published by
Samed Olukoya

Recent Posts

Three Oil Companies Ask Court To Stop NMDPRA From Seizing Their Petrol Import Licences, Accuse Dangote Refinery of Monopoly

In response to Dangote Refinery N1 billion suit, three oil companies including Matrix Petroleum Services…

10 hours ago

Malaysia’s CNG Ban Sparks Debate in Nigeria as Tinubu Pushes for CNG Adoption

Nigerians on and off social media have expressed concern following a recent decision by the…

10 hours ago

National Grid Collapses Twice in Two Days, Nigerians Express Frustration

The Nigerian National Grid has announced yet another collapse, marking the second occurrence in just…

10 hours ago

President Tinubu Approves Concrete Redesign for Abuja-Kaduna Road Amid Contract Termination

The Federal Government has announced plans to address the difficulties faced by road users on…

10 hours ago

Lagos State Govt Sources Alternative Power Supply as National Grid Collapse for Tenth Time In 9 Months

The persistent blackout caused by the collapse of the country’s National Grid has raised concerns…

10 hours ago

Oando Targets 100,000 Barrels Per Day Production by 2028

Nigerian energy company Oando is targeting a production of 100,000 barrels per day by 2028,…

11 hours ago