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NEWS

NRC Monthly Revenue Drops from N500m to N1m

August 31, 2023 • 1 min read

Engr. Fidet Okhiria, the managing director of the Nigeria Railway Corporation (NRC), says the monthly revenue realised from train service operations on Abuja-Kaduna rail line has dropped from N500 million to N1 million monthly.

Speaking during the inspection of the Idu Train Station on Wednesday in Abuja, Okhiria said the essence of the tour was to correct some issues highlighted by the Minister of Transportation, Saidu Alkali, which included escalators, elevators and allowances of security men.

He explained: “Currently, we do two return trips against the 10 we were doing before that incident and we were running from 6 am to 10 pm but now we have been advised not to exceed 6 pm.

“So, we are hopeful that when the security situation normalises and they are able to advise us, we can start the full operation so that we can break even.”

The managing director said that they had paid two months out of the five months outstanding allowances and hoped to conclude it soon.