THE SCAM IN THE NIGERIAN RAILWAY SECTOR

       Over time,Nigeria has failed to exploit the advantages derivable from the railway sector. Instead,it is a sector that has become a conduit pipe for Nigerian leaders to siphon money and loot the treasury.
       In its bid to revive the ailing sector,the Sani Abacha's military era in 1995 awarded a $500 million contract to modernise the Lagos-Kano rail line to the Chinese construction giant, CCECC. The company failed to execute the contract. The Obasanjo administration re-awarded the same Lagos-Kano modernisation contract to the same company at the whopping sum of $8.5 billion. Nothing tangible came out of it. The present President Goodluck Jonathan administration has awarded railway contract worth over $3 billion. Yet, the sector is still crawling.