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Railway Corporation Generates N80million From Abuja-kaduna Train Service - Travel - Nairaland

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Railway Corporation Generates N80million From Abuja-kaduna Train Service by Blue3k(m): 3:48pm On Jan 08
The Nigerian Railway Corporation (NRC) says it generated over N80 million monthly from the Abuja-Kaduna train service in 2018.

The Managing Director of the corporation, Mr Fidet Okhiria said the figure was higher than the N16 million generated monthly in 2017.

Mr Okhiria however said that in spite of the increase in revenue, the corporation was yet to break even as it still spends over N100million monthly as running cost.

“We are close to breaking even on the Abuja-Kaduna train, we have made progress because of the efforts we made.

“When we started, we were earning about N16 million and spending about N56 million, but right now, we can comfortably say we earn over N80 million although we still spend over N100 million, which is closer to breaking even.

“By the time we have more coaches and run more trains, I think the expenses will reduce and more patronage will come in.

“The issue we have now is that we only run passenger trains; we don’t have freight to move from Kaduna to Abuja,’’ he said.


The NRC boss attributed the high expenses to the purchase of diesel for generators at the train stations.

“If we are able to link up with some people to move freight, we will be able to break even because presently, by the time we inject power from the public power supply, I think our expenses will also come down.

“Right now, all our station is still powered by generator 24/7, we buy about 99,000 liters every months to power those generators; so, it eats deep into our expenses.

 “But by the time we are able to connect to the public power supply which we hope by this month will be done, the cost of buying diesel will drastically reduce and then, we can break even.’’


He said that in 2018, the number of train trips also increased from four to eight, adding that 10 more coaches would be deployed on the route.

Okhiria said that the goal is to run hourly train service on the route as Nigerians become more confident in the service.

 

Lateefah Ibrahim

Source: https://www.von.gov.ng/railway-corporation-generates-n80million-from-abuja-kaduna-train-service/

5 Likes

Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by madridguy(m): 3:50pm On Jan 08
Slow and steady.

Sai Baba

26 Likes 1 Share

Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by Blue3k(m): 3:57pm On Jan 08
“Right now, all our station is still powered by generator 24/7, we buy about 99,000 liters every months to power those generators
“But by the time we are able to connect to the public power supply which we hope by this month will be done

Good on them. I will compliment their efforts for once. They still need to do online ticketing. Why are these major projects not connected to the grid from the start?

14 Likes

Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by three: 4:07pm On Jan 08
.

Story


.

19 Likes 3 Shares

Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by slawomir: 4:07pm On Jan 08
Isoright
Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by baralatie(m): 4:08pm On Jan 08
Blue3k:



Good on them. I will compliment their efforts for ounce. They still need to do online ticketing. Why are these major projects not connected to the grid from the start.

because they are on your old rail network of the British coal trains
Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by Ekakamba: 4:08pm On Jan 08
Good development.

In Nigeria, traveling by rail is expensive than road. grin tongue

1 Like 1 Share

Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by baralatie(m): 4:10pm On Jan 08
this is abuja to kaduna!
and it is run at a loss.

3 Likes 1 Share

Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by krattoss(m): 4:10pm On Jan 08
Steady power supply is the answer the 90 percent of our problems in Nigeria.

11 Likes 1 Share

Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by dokyOloye: 4:10pm On Jan 08
Thank you GEJ

7 Likes 2 Shares

Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by mrlaw93(m): 4:10pm On Jan 08
If government infrastructure could generate huge amount of revenue and at the same time propel the nation towards civilization. Then why don't our government invest more? CORRUPTION!

3 Likes

Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by jerryunit48: 4:10pm On Jan 08
Believe this story at your own peril

1 Like 1 Share

Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by Babiboy: 4:11pm On Jan 08
cool Thank you good luck for establishing this and thank you buhari for maintaining it todo so. This what we need "continues integration"

2 Likes 1 Share

Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by intruxive(m): 4:11pm On Jan 08
grin
Not their kind of news, they prefer bokoharam kills 1 million nigerian soldiers.
Then the will celebrate, yet we think these people are normal cry

7 Likes 1 Share

Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by yrex01(m): 4:11pm On Jan 08
Dey coming to call it Photoshop !!

4 Likes 1 Share

Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by yrex01(m): 4:12pm On Jan 08
three:
.

Story


.
ignore ur hatred for d president n be happy with d nation progress, if u want to stay happy in it.

3 Likes 1 Share

Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by Charly68: 4:12pm On Jan 08
By the time Lagos is linked to Abuja,Porthacourt etc Nigeria will be great again.

4 Likes 1 Share

Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by helinues: 4:13pm On Jan 08
Good

Gradually
Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by GoodMuyis(m): 4:13pm On Jan 08
N80m Monthly its hight time FG open the door to the investors to take-over the business

3 Likes

Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by melanch(m): 4:14pm On Jan 08
I follow Aeesha Suleiman closely. Always on point. Please vote wisely.

You suffer from low traffic? Be relevant on Google search by earning good quality backlinks I can offer

1 Like

Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by Blue3k(m): 4:14pm On Jan 08
baralatie:

because they are on your old rail network of the British coal trains

Thats incorrect Abuja Kaduna rail line is a standard guage line. Its not the old British built narrow gauge.

3 Likes

Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by allcomage: 4:16pm On Jan 08
madridguy:
Slow and steady.

Sai Baba

It's not viable cos it's political . Government shouldn't have hand in such ventures as they are drain pipes. It's not sustainable. Just to carry beggars and alimajaris.

2 Likes 1 Share

Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by baralatie(m): 4:16pm On Jan 08
Blue3k:


Thats incorrect Abuja Kaduna rail line is a standard guage line. Its not the old British built narrow gauge.
the standard gauge of Russia,Germany,China France,Indian which of the standard?
Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by Blue3k(m): 4:20pm On Jan 08
baralatie:

the standard gauge of Russia,Germany,China France,Indian which of the standard?

Yes Standard guage is stand gauge. Its a unit of measurement. A standard-gauge railway is a railway with a track gauge of 1,435 mm. It's the frst standard guage rail in country.

8 Likes

Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by thunderfirebuha: 4:20pm On Jan 08
This people can lie.
Just watch as another Nigeria railway corporation will come and deny this...
Government of lies and confusion.
Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by Realdeals(m): 4:28pm On Jan 08
The bulk of that money goes to the Chinese government....NA LOAN....Same with the Lagos-Ibadan railway

2 Likes 1 Share

Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by Ayatullah(m): 4:28pm On Jan 08
Blue3k:



Good on them. I will compliment their efforts for once. They still need to do online ticketing. Why are these major projects not connected to the grid from the start?

Only the clueless Jonathan can answer that question.

4 Likes 1 Share

Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by baralatie(m): 4:31pm On Jan 08
Blue3k:


Yes Standard guage is stand gauge. It is the frst standard guage rail in country.
naaah!
your Nigerian railway network sterns from the British railway network design which Starts from Lagos and goes to kano to a point in sokoto(this runs on its own gauge line.then your railway link runs from Kaduna to connect another link which is Maiduguri to port Harcourt(this is another gauge)
what I am trying to say is that this rail lines are run by locomotives not electric.these rail networks are not electric power dependent but at the train stations where the offices are they run on power.
not the trains.

1 Like

Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by baralatie(m): 4:31pm On Jan 08
Realdeals:
The bulk of that money goes to the Chinese government....NA LOAN....Same with the Lagos-Ibadan railway
naaah!
Re: Railway Corporation Generates N80million From Abuja-kaduna Train Service by Ayatullah(m): 4:33pm On Jan 08
Blue3k:



Good on them. I will compliment their efforts for once. They still need to do online ticketing. Why are these major projects not connected to the grid from the start?

Only the cluelesss Jonathan can answer that question.

1 Like 1 Share

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