Federal Government of Nigeria says it’s generating N300m from Abuja-Kaduna train service monthly. This was made known by  the Minister of Transportation, Rotimi Amaechi, while speaking as a guest on Channels Television’s Hard Copy.

Amaechi said the operation of the Lagos-Ibadan train service is financed by money generated from Abuja-Kaduna rail line.

He noted that the country is capable of meeting its loan requirements.

He said, “We make N300million per month from the Abuja-Kaduna train.

“Currently, we are running Lagos-Ibadan from the money we are making from Abuja-Kaduna rail service, at the end of the day, we pay back over N100million to the Federal Government.”



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