SOCIO-ECONOMIC IMPACT OF THE MODERNIZED NIGERIAN RAILWAY SYSTEM BY THE CHINESE

Abstract

Railway modernization has a long term effect in enhancing national development when there is commitment to improving the sector. China has been heavily involved in the revamping and rehabilitation of the Nigerian Railway sector, and her role in the process gave railway a new outlook in recent times. The contribution of railway modernization as a means of transport fosters infrastructural development and economic advancement. Hence, this article examined the Socio-Economic impact of railway modernization in Nigeria, the promotion of social harmonization through railway travels, and the notable economic development recorded as a result of the railway upgrade. The purpose of this article is to investigate the extent of the impact of the railway in recent times on Nigerians and how it has enhanced socialization. The paper adopted the historical and analytical method to analyze data. The paper also identified various intricacies and challenges of the railway modernization faced by the stakeholders involved. The article concluded by stating that China’s involvement in the Nigerian railway modernization upgrade has a positive impact on the Nigerians, although there is more improvement that needs to be done to sustain the modernized facilities.