Federal Government of Nigeria says it’s generating N300m from Abuja-Kaduna train service monthly.
Gatekeepers News reports that the Minister of Transportation, Rotimi Amaechi, said this while speaking as a guest on Channels Television’s Hard Copy.
Amaechi said the operation of the Lagos-Ibadan train service is financed by money generated from Abuja-Kaduna rail line.
He noted that the country is capable of meeting its loan requirements.
He said, “We make N300million per month from the Abuja-Kaduna train.
“Currently, we are running Lagos-Ibadan from the money we are making from Abuja-Kaduna rail service, at the end of the day, we pay back over N100million to the Federal Government.”
