• Contact Us
  • About Us
Sunday, September 13, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

Abuja-Kaduna rail line now generate N1m daily- Amaechi

metro by metro
August 8, 2017
in Economy
0
0
SHARES
0
VIEWS

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

In an interview with the News Agency of Nigeria (NAN) on Tuesday in Benin, Amaechi said that the feat was because of the increase in passengers that patronise the rail.

Read Also

Ghana’s Economy Expands 6% In Second Quarter, Driven By Communications Sector

Concerns Grow Over Wide Gap Between Tinubu’s $50bn FDI Pledges Against $2.06bn Actual Inflows

Multinational Exit Masks Nigeria’s $54bn External Reserve Surge

He attributed the passenger surge to the security challenges faced by commuters along the route.

‘’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 that 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.

NAN recalls that the Abuja-Kaduna rail line commenced commercial operation in July 2016.

Tags: Amaechi
Previous Post

NNPC eyes $30b windfall, anti-graft committee takes off

Next Post

Textile Industries revamp: Don wants FG, private investors to partner

Related Posts

Ghana May Lose $3.8Bn World Bank Funding Over Anti-LGBTQ+ Bill
Economy

Ghana’s Economy Expands 6% In Second Quarter, Driven By Communications Sector

September 9, 2026
Nigerians Expect Currency Swap Deal, $70m Dispute Resolution As Tinubu Visits China
Economy

Concerns Grow Over Wide Gap Between Tinubu’s $50bn FDI Pledges Against $2.06bn Actual Inflows

September 9, 2026
Multinational Exit Masks Nigeria’s $54bn External Reserve Surge
Economy

Multinational Exit Masks Nigeria’s $54bn External Reserve Surge

September 5, 2026
More Nigerians Go Hungry As Food Prices Soar beyond Average Consumers
Economy

Nigeria’s Inflation Falls To 15.43 As Worries On Food Prices Remain

August 17, 2026
Next Post

Textile Industries revamp: Don wants FG, private investors to partner

Houthi Advance In Yemen Puts U.S. In New Bind

Houthi Advance In Yemen Puts U.S. In New Bind

September 12, 2026
FG Insists King’s College Not Sold As Education Unions Suspend Resumption Nationwide

FG Insists King’s College Not Sold As Education Unions Suspend Resumption Nationwide

September 12, 2026
COAS Shaibu: Yesterday’s Solitions May Not Address Tomorrow’s Security Threats

COAS Shaibu: Yesterday’s Solitions May Not Address Tomorrow’s Security Threats

September 12, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version