₦airaland Forum

Mr Fidet Okhiria, Managing Director, Nigerian Railway Corporation (NRC), says the Abuja-Kaduna Train Service (AKTS) generates an average of N100million monthly. Okhiria disclosed this in an interview with the News Agency of Nigeria (NAN) in Abuja.

“It is quiet impressive. I can tell you as we speak we have over N100million a month on the Kaduna-Abuja. “I don’t have the figure off hand but all I know is that we are averaging over hundred million,” Okhiria said. The NRC boss expressed satisfaction with the increased turnout of passenger at the AKTS, adding that government was making efforts to address the passenger surge on the train line.

He said: “We are happy with the turnout of people and as I said earlier, once we have the coaches and we start rolling a train every hour, the pressure will come down. “Like I told the Minister, it is not just the number of coaches but the trips we run that will reduce the pressure because different people will have different times to board the train.

“For now, let’s just bear it till November when the new coaches will be available. “And as I tell people, now we are getting the attention and it’s another milestone. “Four years back, nobody was talking about railway; but now every body, the big, mighty and small are now talking about using the train.” (NAN)

Read more: https://www.dailytrust.com.ng/abuja-kaduna-train-service-generates-n100m-monthly.html

Yet the common man is not benefiting.

Nigeria my country.

A work in progress!

Dats becos kidnappers have successfully made d Abuja Kaduna route a no go area so d rails are now booming.. Dat has always been d plan. They are making far more than dat considering d ticket racketeering at d stations..

I reserve my comment

That’s the one they disclose not the one for private pockets.

They are doing a good job. To claim status of mega city, we need a reliable rail network just as in every other major city in the world.

God bless Nigeria.

So where d money dey enter?!?

Waw

Good news.

Great

Northerners using their head, great

People are like stained- glass windows. They sparkle and shine when the sun is out, but when the darkness sets in their true beauty is revealed only if there is light from within.

Good one

He doesn’t have the figure off head

@Op above, it is "off hand' as correctly stated by the MD, NRC and not 'off head" you wrote.

Back to the N100 million revenue. That is cool but hope the monthly overheads are not in billions.

What they said

That's small.

Just negodu the kind of money this transport sector generates for the government, yet we beg them for infrastructures like this as if they don't gain out of it

ThinkWISELY:
Just negodu the kind of money this transport sector generates for the government, yet we beg them for infrastructures like this as if they don't gain out of it

Honestly. Terrible leaders aswear

ZZOZOU:
Northerners using their head, great

It's not great. Patronage has gone up and the govt is enjoying it. They are unwilling to fix the security problem on the highway.

zakim:
Mr Fidet Okhiria, Managing Director, Nigerian Railway Corporation (NRC), says the Abuja-Kaduna Train Service (AKTS) generates an average of N100million monthly. Okhiria disclosed this in an interview with the News Agency of Nigeria (NAN) in Abuja.

“It is quiet impressive. I can tell you as we speak we have over N100million a month on the Kaduna-Abuja. “I don’t have the figure off hand but all I know is that we are averaging over hundred million,” Okhiria said. The NRC boss expressed satisfaction with the increased turnout of passenger at the AKTS, adding that government was making efforts to address the passenger surge on the train line.



Read more: https://www.dailytrust.com.ng/abuja-kaduna-train-service-generates-n100m-monthly.html

What is impressive about this? With this amount, how long will it take topay off the loan used tobuild it? Then add running costs and inefficiencies.

And an efulefu will embezzle it all...

You make 100 million and spent 100 million on diesel to power it. where is the profit?

eTECTIV:
Dats becos kidnappers have successfully made d Abuja Kaduna route a no go area so d rails are now booming. Dats always been d plan. It's far more than dat considering d ticket racketeering

that was the reason for the lackadaisical attitude towards combating those kidnappers along the road. They could have been planned by someone in government sef

that's because of kidnapping issue. when its over, passengers will scarce

AryaSand:
That's small.

3.3million daily not really bad

I agree they way passengers are struggling to board d train is quite enormous because of kidnapping issues, but d question is where is d money