Abuja-Kaduna rail line now generate N1m daily – Amaechi

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The Abuja to Kaduna rail line now generates one million Naira daily, Minister of Transportation Mr. Rotimi Amaechi disclosed.

In an interview with newsmen on Tuesday in Benin, Amaechi said the feat was because of the increase in passengers that patronise the rail.

He attributed the passenger surge to the security challenges faced by commuters along the route. Amaechi ‘’We are spending N56 million per month, we are getting back only N16 million.

Now there is an improvement; we now make N30 million, (that is) one million Naira per day. ‘’The improvement started last month because of increase in passengers because of the kidnapping on the road,’’ he said.

The minister said that government was using the previous generated revenues on the maintenance of the coaches and other logistics. Amaechi said government would address the issue of touting at the Idu rail station with the expected arrival of 10 more coaches by October.

He, however, disclosed that the arrival of the new coaches would require more resources for maintenance in order to meet customers’ expectations. The Abuja-Kaduna rail line commenced commercial operation in July 2016.

 

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Godwin Okafor is a financial journalist, Internet Social Entrepreneur and the Founder Naija247news Media Ltd He has over 16 experiences in journalism, which cuts across traditional and digital media. He started his journalism career in Business Day, Where he was a senior editorial graphic artist, before he left to start Naija247news, An Online Financial Newspaper in 2010. He has won series of awards and he is the chairman of Emmerich Resources Limited, the publisher of Naija247news.com and also sits on the board of Students In Business Awards, (SIBA). He currently lives in Manhattan New York

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