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    NEWS POINT NIGERIANEWS POINT NIGERIA
    Home - Abuja-Kaduna, Warri-Itakpe Railway Suspension: FG Loses N116.8m In A Few Days

    Abuja-Kaduna, Warri-Itakpe Railway Suspension: FG Loses N116.8m In A Few Days

    By Peter Noah KCJanuary 30, 2023
    50846CFA 38AC 41D3 8171 04F22920DD4D

    THE Federal Government has lost about N116.8m since the suspension of the Abuja/Kaduna and Warri-Itakpe train services this month.

    NEW UBA

    Investigations showed that the Federal Government has lost about N28.8m in terms of revenue in the last two days on the Abuja-Kaduna route and N88m on the Warri-Itakpe route in the last eight days.

    NNAMDI

    The coaches in the train which operate on the Abuja-Kaduna rail line have the passenger capacity of about 900/1000 passengers per trip.

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    According to findings, the Abuja/Kaduna rail services record four trips per day while the Warri-Itakpe records two per day.

    Before the suspension of the train services, an average economy ticket sold for N3600, business class N6,500 while the VIP ticket sold for N9,000.

    A breakdown of the daily ticket by our correspondent showed that NRC records a minimum of N3.6m per trip for a train conveying 1,000 passengers at ticket price of N3,600 on the Abuja-Kaduna route while N5.5m on the Warri-Itakpe route.

    Further breakdown shows that the sum of about N14.4m was recorded for four trips daily on the Abuja-Kaduna train and Warri-Itakpe recorded N11m for two trips daily.

    The suspension of the train operations on the Abuja-Kaduna route was due to the derailment of the train on Friday at the Kubwa station.

    The Abuja-Kaduna train resumed operations December 5, 2022 after eight months of suspension due to terrorist’s attack on the rail lines.

    Nigerian TAX Reform - Federal Goverment

    Similarly, the Edo train service was suspended as a result of the derailment of the Warri Itakpe train WITS 01 at Km 30 Ajaokuta-Itakpe section of the track.

    The Coordinator, Warri Itakpe Train Service, Sanni Abdulganiyu, said the cause of the derailment was yet to be ascertained, noting that all the 148 passengers and 30 crew members were successfully evacuated.

    The derailment on the Warri-Itakpe train was coming barely two weeks after gunmen abducted passengers waiting to board a train from the Igueben station in Igueben Local Government Area of Edo State to Warri in Delta State.

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