Rotimi Amaechi, minister of transportation, has said the Abuja-Kaduna train service generates at least N300 million every month.
Amaechi revealed this during an interview on Channels Television’s ‘Hard Copy’. He said that the ministry is now generating revenue for the country’s growth, the Minister added that the federal government is also making plans to add 16 more trains to the Lagos-Ibadan rail line to increase revenue from the axis.
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.”
Expressing confidence in the country’s ability to repay loans used to fund rail transportation, Amaechi revealed that more developments are coming to the rail sector which will further boost the revenue generated by the ministry, and support the federal government in settling its debts.
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.”
Gragra
December 20, 2021 at 8:32 pm
You are the worst minister in Nigeria full of deceits lies to deceived mr president and to loot Nigerians money,your cup will full soon,wicked man.
Gragra
December 20, 2021 at 8:34 pm
You are the worst minister in Nigeria full of deceits lies to deceived mr president and to loot Nigerians money,your cup will full soon,wicked man.soon we would root out your evil lies.
Gragra
December 20, 2021 at 8:40 pm
Don’t think you are smarter than Nigerians,there is time for everything in your professional devilish activities of looting in the railway and Nimasa,Nemesis will catch you all soon.if you like with your money take me to supreme court, the real supreme court of your mind will judge you