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Diesel cost: NRC hikes fares on Lagos-Ibadan train service

Diesel cost: NRC hikes fares on Lagos-Ibadan train service
December 08
09:32 2022

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

In August, NRC reduced the number of trips on the Lagos-Ibadan route due to a hike in the price of diesel.

In a memo seen by TheCable, the train services for the Lagos-Ibadan route were given new fares.

“The new fare on Lagos – Ibadan Train Service (LITS),” the memo reads.

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“Lagos – Ibadan, and Ibadan – Lagos; First class (9,000), Business, (6500), Standard, adult (3600), minor (3000).

“Lagos – Abeokuta, and Abeokuta – Lagos; First class (6,000); Business (4,500), Standard, adult (3,000), minor (2,000).

“Abeokuta – Ibadan, and Ibadan – Abeokuta; First class (3,000), Business (2,000), Standard, adult (1,000), Standard, minor (600).”

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Meanwhile, last week, the NRC hinted on the increased cost of diesel and other logistics which can be a significant determinant in the new price of train services.

Fidet Okhiria, NRC managing director, had said the increase in price would be done while considering the interests of Nigerians.

Okhiria also 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,” Okhiria had said.

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

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