AnaedoOnline
Featured Posts News

Amount Of Revenue Abuja-Kaduna Train Service Generates – Amaechi Reveals

The Minister of Transportation, Rotimi Amaechi, has stated that Abuja-Kaduna train service generates a revenue of nothing less than N300 million per month.

Amaechi made the statement during an interview on Channels Television’s ‘Hard Copy.

He said that the federal government was planning to add 16 more trains to increase the revenue.

Police Debunk Report That Gunmen Killed Travellers On Abuja-Kaduna Highway

He said; “We make N300 million per month from the Abuja-Kaduna train.

“Currently, we are running Lagos-Ibadan from the money we are making from Abuja-Kaduna rail service.”

He also maintained that he believed Nigeria could pay back loans used to fund the rail transportation.

He said; “Nigeria has the capacity to pay its loan. Out of $500 million President Goodluck Jonathan borrowed for Abuja-Kaduna rail project, at the end of the day, we have paid back over N100 million to the federal government.”

 

Follow us on Facebook

Comments

comments

Related posts

Over Alleged Non-remittance Of N166b, Reps Summons Amaechi, Others

AnaedoOnline

Amaechi: Military Should Protect Railways Across Nigeria

Victor Ndubuisi

UK govt Makes Demands For 2023 Election, Threatens, Amaechi, Wike With Ban

Victor Ndubuisi

You Have Three Months To Settle Your Rift Or… – APC To Amaechi, Abe

Victor Ndubuisi

Rivers State 2023: Amaechi Stirs Fresh Controversy Over Next Governor

Victor Ndubuisi

Amaechi: Wike Worked For Me, I Can’t Go So Low

Victor Ndubuisi