Connect with us

News

NRC Still Grappling With 2022 Reduction Transport Fares

The Nigerian Railway Corporation (NRC) has stated that it is still facing the repercussions of previous transportation…

Published

on

WhatsApp Image 2023 12 22 at 6.41.06 PM
The Nigerian Railway Corporation (NRC) Train Service

The Nigerian Railway Corporation (NRC) has stated that it is still facing the repercussions of previous transportation fare waivers granted by the government.

In an effort to alleviate the burden of the soaring cost of living in the country, particularly during the Yuletide season, the Federal Government recently announced a 50% waiver on road transport fares and a 100% reduction in rail transportation fares.

However, shortly after this announcement, Fidet Okhiria, the Managing Director of the NRC, commended the initiative but also expressed apprehension regarding the financial implications of the intervention scheme.

He expressed hope that the government would bear the costs associated with it.

“This is not the first time. We did this two years ago. It was effective. I say we’ve yet to recover from that. But what is the government for? The government is to make sure that people have comfort as much as possible,” he said on Thursday’s edition of Channels Television’s Sunrise Daily. 

“And we are quite willing and wishing to provide that service. You know, you don’t forget in other developed world, they get this thing either directly or indirectly.

“You recall during the COVID, even private companies were given relief, and those without jobs like in the UK, US, and everywhere…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.”

The removal of fuel subsidy in Nigeria has led to a significant increase in transportation costs, particularly in a country where the majority of the population relies on road transportation.

As a result, the NRC boss clarified that the agency will procure diesel to fuel the trains and cover other related expenses.

WhatsAppCOnnect

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

pricillia ojo pricillia ojo
Celebrity Gist2 hours ago

Priscilla Ojo And Husband, Juma Jux reveal Their Baby’s Gender (VIDEO)

Nigerian influencer Priscilla Ojo and Tanzanian singer Juma Jux have taken their love story to the next chapter with a...

INECVerseNewsNG15 INECVerseNewsNG15
Politics8 hours ago

INEC Declares Politician Serving Jail Term Winner of Assembly Rerun Election

INEC further announced that Certificates of Return would be presented to successful candidates on August 21 and 22, 2025.

bbnaijas10 bbnaijas10
Big Brother Naija9 hours ago

Love Triangles, Betrayal and Apologies Shake Biggie’s House

Emotions ran high on Thursday as Denari’s bond with Doris sparked tension, forcing apologies, confessions and fresh drama in Biggie’s...

davido chioma davido chioma
Celebrity Gist9 hours ago

Chioma Adeleke Returns to Instagram After 3 Years With Emotional Tribute to Son Ifeanyi, Davido Reacts

Chioma Adeleke, wife of Davido, made her first Instagram post in three years after losing her son, Ifeanyi.

mide and bright morgan bbnaija mide and bright morgan bbnaija
Big Brother Naija15 hours ago

BBNaijaS10: Mide Puts Bright Morgan On a Ship Probation

Tensions flared in the Big Brother house as Mide confronted Bright Morgan over their budding relationship.

SERAP Gives Wike, Sani Others 7 Days To Account For N5.9trn, $4.6bn Loans SERAP Gives Wike, Sani Others 7 Days To Account For N5.9trn, $4.6bn Loans
Politics15 hours ago

Leaked Memo Exposes Wike’s Claim of No PDP NEC Invitation

A leaked memo has revealed that FCT Minister, Nyesom Wike, was duly invited to the Peoples Democratic Party’s (PDP) NEC...

social media scaled 1 social media scaled 1
News16 hours ago

BREAKING: FG Shuts Down 13 Million Social Media Accounts, Enforces Code of Practice

The Federal Government has released new compliance figures under its 2024 Code of Practice, showing millions of actions taken against...

NCAA Airplane jpg 780x470 1 NCAA Airplane jpg 780x470 1
News20 hours ago

NCAA Bans Use of ‘Flight Mode’, Orders Complete Phone Shutdown During Take-Off

The NCAA has banned “flight mode,” directing that all phones and devices be completely switched off during take-off and landing.

otega evicted1 otega evicted1
Big Brother Naija4 days ago

BBNaijaS10: Otega and Kayikunmi Evicted From the Reality Show

Otega and Kayikunmi have been evicted from Big Brother Naija Season 10, leaving 24 housemates in the race for the...

terrorists terrorists
News4 days ago

How Nigerian Forces Captured ‘Terrorist Leaders’ Abu Bara and Mallam Mamuda, Details Emerge

Nigeria has dealt a heavy blow to terrorists with the capture of “Ansaru leaders” Abu Bara and Mallam Mamuda.

Advertisement