Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,195,132 members, 7,957,244 topics. Date: Tuesday, 24 September 2024 at 09:44 AM |
Nairaland Forum / Nairaland / General / Travel / Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets (22153 Views)
Update On Lagos-ibadan Rail Line Project. / Vandals Stealing Clips, Bolts On Lagos-Ibadan Rail Track / Rail Passengers’ Revenue Rises To N435.97 Million (2) (3) (4)
(1) (2) (3) (4) (5) (Reply) (Go Down)
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by victorazyvictor(m): 4:44pm On Dec 05, 2020 |
EdoFirstBorn: |
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by mallamu: 4:57pm On Dec 05, 2020 |
This is the most satanic government we have witnessed in this country. this government is evil and anti people. |
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by danqujigy(m): 5:06pm On Dec 05, 2020 |
Is either you patronize them or they sponsor kidnappers to terrorize you guys on Lagos-Ibadan highway to create panic. That is how government do their business. Just my thinking 1 Like |
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by njola34(m): 5:21pm On Dec 05, 2020 |
lozanni:You are completely right my brother, right on Point.....but don’t forget that we have mad people in Government. People who are far from critical thinking like you and me.... mad people full this government.... 1 Like |
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by isaiahethan: 5:33pm On Dec 05, 2020 |
lilfreezy: You're smart. |
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by Dpharisee: 5:35pm On Dec 05, 2020 |
Decryptor: Everytime you mention Buhari they will tell you he built Lagos Ibadan railway, now see all of them lamenting that they will take bus N500 instead of train 6k 1 Like |
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by TempleHouse: 5:36pm On Dec 05, 2020 |
It's just $10 Dollars though, and the comfort supercedes the inconveniency of unlicensed Buses on the roads. My worry is if the maintenance can be sustained to avoid derailment and providing good security. We have to emulate other developed nations ! 2 Likes |
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by Dollanaira: 5:46pm On Dec 05, 2020 |
Hmmm |
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by yesloaded: 5:49pm On Dec 05, 2020 |
illicit: Yes, train fare was cheaper under previous administration despite they didn't spend muchon train like present adminstration |
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by Gamesmart: 6:04pm On Dec 05, 2020 |
lozanni: Depends on why Abuja to Kaduna is 3 hours. Does it have more stops? Secondly, Lagos to Ibadan is likely to have more volume, so you can make it cheaper and still make your investment back as quickly. 1 Like |
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by Nobody: 6:25pm On Dec 05, 2020 |
TempleHouse: Actually people are looking at the first class ticket. Economy ticket is 3000 naira. Still relatively expensive when the minimum wage is 30000 naira unlike developed countries. Sadly, this train is not for the average nigerian. It was meant to boost the economy of both states as well as decongest Lagos but that won't be happening. They need to peg this at 1000 Naira or #1500. This govt isn't for the masses. |
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by Alkason: 6:27pm On Dec 05, 2020 |
danqujigy: Hahahaha. Wrong thinking. |
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by EdoFirstBorn(m): 6:43pm On Dec 05, 2020 |
Oracleforce: So many from Akwa Ibom to Edo they have houses Tinubu owns all the oando all over south south You messiah Is our bîtch All your oil wells seeing southsouth Imagine burning all oando facilities in south south Tinubu will die |
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by Okoroawusa: 6:46pm On Dec 05, 2020 |
I Love PMB |
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by michoim(m): 6:47pm On Dec 05, 2020 |
illicit:You boarded outdated train long time ago... 1 Like |
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by ghettochild(m): 6:48pm On Dec 05, 2020 |
Am i mad? How much is road tranport? |
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by michoim(m): 6:48pm On Dec 05, 2020 |
illicit:For how many hours? We are talking about speed train here |
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by stormborn28(m): 7:07pm On Dec 05, 2020 |
6k...foolish thinking |
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by Ikpongiton: 7:18pm On Dec 05, 2020 |
Our leaders have hijack this one again , as they did with air transport . And what they will tell us next , will be that , rail transport is not for the poor . |
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by COMPAQ(m): 7:35pm On Dec 05, 2020 |
Generalwoodz: Who exactly said train is cheaper. London to Manchester by train £24 London to Manchester by bus £14 1 Like 1 Share
|
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by Generalwoodz(m): 7:37pm On Dec 05, 2020 |
COMPAQ:very cheap |
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by COMPAQ(m): 7:38pm On Dec 05, 2020 |
Barcelona to Madrid
|
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by NUHUUSMAN(m): 7:43pm On Dec 05, 2020 |
So if that train is to move from Lagos to place like Kano or Maiduguri it will have be N60,000, N50,000 N30,000 respectively. |
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by COMPAQ(m): 7:43pm On Dec 05, 2020 |
Berlin frankfurt
|
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by COMPAQ(m): 7:54pm On Dec 05, 2020 |
So let’s do a it of Economics 101. And let’s remove the fact that this train service is located in Nigeria or is owned by FG. Let’s just apply basic economics. For a project that has just been completed for billions of dollars, the fixed cost and variable cost remain high. Therefore it is understandable that prices will be high in the interim for early adopters. As the rail line makes money and fixed costs are recovered, the marginal cost of operations will reduce as it will only be the operating expenditure that needs to be recovered. Besides the real economic value of a rail line is movement of freight, not passenger traffic. This same thing applied to telecoms. As at the today the base stations are all in place and the license is fully recovered. All we are paying for now is cost of maintenance of the masts (diesel, electricity, security) and manpower costs. Which is why the real cost of telecoms has fallen sharply over the years. Consider that N1 per minute today is cheaper than N1per minute 3years ago if you consider devaluation and inflation. |
Re: Lagos-Ibadan Rail Passengers To Pay ₦6000 For First Class Tickets by Aconomist: 7:58pm On Dec 05, 2020 |
Nigerians don't think sha. They should be using the airline pricing model where first class tickets are used to subsidize the coach tickets. Rich people will pay any amount for comfort on the train... so charge them 10,000 naira so you can make the coach tickets 500 -- 1,000 naira. Monkey people. 1 Like |
How To Buy a Plane Ticket In Nigeria (by an expatriate) / How To Travel To Mauritius From Nigeria / Truck Driver Kills Professor Sylvanus Abila
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 28 |