• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Business News

Why we increased Abuja-Kaduna Train fare – NRC

William Ukpe by William Ukpe
December 3, 2022
in Business News
Mr Fidet Okhiria, NRC, Port Harcourt-Maiduguri narrow gauge

Mr Fidet Okhiria, Nigeria Railway Corporation Managing Director

Share on FacebookShare on TwitterShare on Linkedin

The Nigerian Railway Corporation (NRC) said the reason it decided to increase train rates is because of increased energy bills, especially diesel which is needed to operate the trains.

This was disclosed by Mr Fidet Okhiria, NRC’s Managing Director, during an interview on Saturday in Abuja.

His explanation is coming ahead of the scheduled service resumption on the Abuja-Kaduna rail system which was paused after terrorists attacked it in March.

MoreStories

Lagos to earn additional $1 billion forex inflows annually 

Lagos enforces 5% withholding tax on gaming payouts

February 21, 2026
Top 10 largest cinemas in Nigeria by revenue

Top 10 largest cinemas in Nigeria by revenue

February 21, 2026

More on the fare hike: The NRC boss noted the price increase would be implemented with great consideration to the interest of Nigerians and other commuters at heart as the service cannot be halted because of high diesel cost. He said:

  • “It is better to have it operating than not operating. It is the service we are providing but in order to provide it, everybody has to make some sacrifices.
  • “The major cost should be the cost of diesel. Because we require diesel to operate the trains. The cost of diesel has gone up by more than three times and it is costing us to mount human and material security that it requires to keep the trains operating.
  • “We need to service the infrastructure we put in place for the additional security we secured and the additional personnel that will be going up and down to assist; they need some incentives. So I think that Nigerians should bear with us. We are still working on the best way out.”

In case you missed it: The Nigerian Government earlier stated that as part of measures to ensure the security of commuters, Nigerians won’t be able to use the Abuja–Kaduna Train service without their National Identification Number.

 

 


Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Tags: Mr Fidet OkhiriaNigerian Railway Corporation (NRC)
William Ukpe

William Ukpe

For further inquiries about this article contact: Email: william.ukpe@nairametrics.com or outreach@nairametrics.com. Twitter: @_sirwilliam_ @nairametrics.

Next Post
Access Holdings, Herbert Wigwe

Access Holdings completes acquisition of indirect equity stake in Sigma pensions

Comments 1

  1. Pauli says:
    December 5, 2022 at 2:12 pm

    Don’t know where we are going in tho country cost of living is rising daily just like smoke.
    Train ride that normally should be cheap because of many reasons among which is its carriage capacity in terms of cargo and passenger has turned out the opposite.
    God will rescue us from every hardship.

    Reply

Leave a Reply Cancel reply

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

rabafast

nairametrics








DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics