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 Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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