We generated N3.1bn from railways in 2019 — NRC

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Dia mon
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August 8th, 2020, 3:29 am

The Nigeria Railway Corporation on Friday said it generated N 3 . 09bn from railway services in 2019 .
It said N 1 . 5 bn from this amount was generated from the Abuja - Kaduna rail service.
The Managing Director, NRC, Fidet Okhiria, disclosed this in a statement issued in Abuja and signed by the Media Assistant to the Minister of Transportation, Taiye Elebiyo -Edeni .
Okhiria said the Abuja - Kaduna rail line generated about N 130 m monthly in 2019 , as against the N 80m generated in the previous year .
He said the rail line had been able to break even , adding that the money generated from the Abuja - Kaduna rail service was used to service other stations in the North .
He named one of the stations as the Maiduguri station , which currently is not functional due to insecurity in Borno State.
Okhiria was quoted as saying , “ The Abuja - Kaduna railway generated over N 130 m monthly as revenue.
“ N 90m was spent on running cost and payment of staff at the Maiduguri station , which could not operate for now due to insecurity in the state.
https://punchng.com/we-generated-n3-1bn ... -2019-nrc/

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