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.

Advertisement

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

RECOMMENDED FOR YOU  'Nigerians Deserve Whatever They Voted For, They Shouldn't Complain' - Former Rivers Governor, Rotimi Amaechi

“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.

Advertisement

“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.

RECOMMENDED FOR YOU  South-East Youths Mobilise Peaceful Protest as Coalition Demands Nnamdi Kanu’s Release

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

Advertisement
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.

Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

Super Falcons 1785142952 Super Falcons 1785142952
Sports14 minutes ago

VIDEO: Super Falcons Flaunt Stunning Adire Ahead of WAFCON Opener

Super Falcons, WAFCON 2026, Morocco, Rabat, Adire, Esther Okoronkwo, Chiamaka Nnadozie, Jennifer Echegini, Michelle Alozie, Justine Madugu, Nigeria Football Federation,

hotel colapse hotel colapse
Education30 minutes ago

BREAKING: Three-Storey Student Hostel Collapses in Anambra, Several Trapped (Video)

A three-storey student hostel, Elite Five Star Lodge, has collapsed in Oko, Anambra State, trapping an unknown number of occupants...

54 Individuals 54 Individuals
News59 minutes ago

WEEKLY ADDRESS: Omotosho’s Conviction on Non-Existent Law is Nullity – Supreme Court Will Humiliate Nigeria!

IPOB has described remarks by U.S. Congressman John James on the convicion of its leader, Nnamdi Kanu, as a major...

alonso alonso
Sports2 hours ago

Xabi Alonso Sends First Message to Chelsea Fans Ahead of New Season

New Chelsea manager Xabi Alonso says there is "good energy" around the squad as he begins his reign at Stamford...

Tinubu in meeting Tinubu in meeting
Education2 hours ago

FG Approves New Salary Allowances for NASU Workers, Raises Hazard Allowances by Up to ₦126,000

The Federal Government has approved a new remuneration package for NASU members in federal universities, increasing hazard allowances by up...

SuperFalconsVerseNewsNG SuperFalconsVerseNewsNG
Sports2 hours ago

Suspect Confesses to Stealing Super Falcons Players’ Cash at Morocco Hotel

A suspect has reportedly confessed to stealing cash from several Super Falcons players at the Marriott Hotel in Casablanca, Morocco,...

Court 1 Court 1
Education3 hours ago

Lesson Teacher Sent to Prison Over Alleged Defilement of 15-Year-Old Student

An Ogudu Magistrates' Court has remanded a lesson teacher accused of defiling a 15-year-old student in Lagos at the Ikoyi...

peter obi e peter obi e
Politics3 hours ago

‘Four Years, Not a Day More’ — Peter Obi Reaffirms One-Term Presidency Pledge

The presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has reaffirmed his one-term presidency pledge, insisting that he...

bishop bishop
News6 hours ago

‘Stop Wasting Your Destiny’ — Bishop Oyedepo Warns Nigerian Youths Against Betting

Founder of Living Faith Church Worldwide, Bishop David Oyedepo, has cautioned Nigerian youths against depending on sports betting for financial...

Super Falconsplayers Super Falconsplayers
Sports6 hours ago

WAFCON 2026: 5 Super Falcons Players to Watch as Nigeria Eyes 11th African Crown

Nigeria's Super Falcons are aiming to win a record 11th WAFCON title, and several star players are expected to lead...

Advertisement