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NRC hikes fares on Lagos-Ibadan train service over cost of diesel

Newspeak Reporter by Newspeak Reporter
December 8, 2022
in News
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NRC hikes fares on Lagos-Ibadan train service over cost of diesel
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By Emmanuel Adeleke

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The Nigeria Railway Corporation (NRC) has released new prices for Lagos-Ibadan and Lagos-Abeokuta train services.

The NRC, in a memo addressed to its station managers and staff, said the decision to increase the fares was due to the high cost of diesel.

“The new fare on Lagos – Ibadan Train Service (LITS).

“Lagos – Ibadan, and Ibadan – Lagos; First class (N9,000); Business (N6500); Standard- adult (N3600), minor (N3000).

“Lagos – Abeokuta, and Abeokuta – Lagos; First class (N6,000); Business (N4,500); Standard- adult (N3,000), minor (N2,000).

“Abeokuta – Ibadan, and Ibadan – Abeokuta; First Class (N3,000); Business (N2,000); Standard- adult (N1,000), minor (N600),” the memo read.

NRC had last week said that the increased cost of diesel and other logistics can be a significant determinant in the new price of train services.

The corporation’s managing director (MD), Fidet Okhiria, had said the increase in price would be done while considering the interests of Nigerians.

He called on passengers to make some sacrifices and collaborate with the corporation to ensure the continued provision of the service.

“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 MD said.

The development is coming four days after the Abuja-Kaduna train services commenced operations.

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