x

Nigerian Railway Corporation (NRC) Yet to Recover from Previous Fare Reduction, Says Managing Director

By Daniel Edu

The Nigerian Railway Corporation (NRC) has revealed that it is still grappling with the impact of a previous reduction in transportation fares introduced by the government. Fidet Okhiria, the Managing Director of NRC, shared this information during an interview on Channels Television’s Sunrise Daily on Thursday.

The Federal Government had recently announced a 50% waiver on road transport fares and a 100% reduction in rail transportation fares as part of efforts to alleviate the economic challenges faced by Nigerians.

While acknowledging the positive aspects of the intervention, Okhiria expressed concerns about the financial implications of the scheme. He mentioned that the NRC is yet to recover from a similar initiative implemented two years ago. However, he emphasized that the government’s role is to ensure the comfort of the people and provide necessary services.

Okhiria explained, “So it’s a good thing that the government considers we should do a free service, but they should also be willing to provide the resources to do it. We are hoping this time they are going to give us fuel, and those 15 days we are going to provide the free service. They are also willing to provide at least the money we pay to the cleaners and the security.”

He further highlighted that the NRC would need resources for purchasing diesel to power the trains and cover other associated expenses during the period of the fare reduction.

Hot this week

AFCON 25: Man United’s Diallo scores as Ivory Coast beat Mozambique 1-0

Manchester United forward Amad Diallo scored the decisive goal...

Premier League: Manchester United Beat Newcastle to Climb to Fifth

London, Dec 27 — A depleted Manchester United returned...

How to spice up your relationship this Christmas

Christmas is often associated with food, decorations and endless...

Yuletide: Governor Ododo Urges Nigerians to Pray for Nigeria, Support Tinubu’s Reforms

By Noah Ocheni, LokojaKogi State Governor, Alhaji Ahmed Usman...

10 States Plan N4.3tn Borrowing to Fund 2026 Budgets

Ten states are planning to raise about N4.287tn through...

VeryDarkMan Reacts After Spotting Seyi Tinubu’s Poster in Morocco

Social media activist Martins Otse, popularly known as VeryDarkMan,...

10 States Plan N4.3tn Borrowing to Fund 2026 Budgets

Ten states are planning to raise about N4.287tn through...

PDP Crisis Can Be Resolved in One Week — Olawepo-Hashim

A former presidential candidate of the Peoples Democratic Party...

Baiting the Dragon’s Fire: U.S- Taiwan Arms Deal Sparks China’s Fury

By Dr. Austin MahoThe US recently approved an $11.1...

Nupe Natives of Lokoja Union Provides Free Medical Outreach to Residents

By Noah Ocheni, LokojaThe Nupe Natives of Lokoja...

TCN End-of-Year Message Highlights Landmark Power Sector Reforms, Infrastructure Growth

By Jabiru HassanThe TCN end-of-year message delivered by the...

Related Articles

Popular Categories

spot_imgspot_img